I liked Trump's inaugural speech; it was very presidential. Don't want a political battle.. just want to reconsider greed. Definition of greed: "intense and selfish desire for something, especially wealth, power, or food"
"Trump"we are transferring power from Washington, D.C., and giving it back to you, the people. For too long, a small group in our nation's capital has reaped the rewards of government while the people have bore the cost. Washington flourished, but the people did not share in its wealth. Politicians prospered but the jobs left and the factories closed. The establishment protected itself, but not the citizens of our country. Their victories have not been your victories. Their triumphs have not been your triumphs. And while they celebrated in our nation's capital, there was little to celebrate for struggling families all across our land. That all changes starting right here and right now, because this moment is your moment.
What do you all think?
This makes me consider what Larry Summers said, that the market is enabling a high risk environment, for the prospect of something like a tax break. That banks are looking forward to the possibility of greater prosperity and so turning a blind eye to the volatility that is being created. Here's the thing: average Americans feel that 'the establishment' got fat while they suffered. But banks and most of the establishment actually seems to feel that they've been suffering as this recovery was happening just like everyone else. The incumbent was a DNC member, so he's more left of center, thus more likely to introduce more socialist policies.
The linking point is that, society--banks, government, media, average citizens, etc.--is contributing to anything that will happen 4 or 8 years from now. No dominating force is taking part to overturn what's currently happening, good or bad. We're in this together now, and we will share in the benefits or the burden. Either way, people from up and down the scale used to act as if scolding greed was the right thing to do. But that seems to be changing.
So, as we head in the opposite direction of little to no risk, and near socialism, is the reality that we support our institutions as pillars and drivers of the outcome of society more than we previously thought (in other words banks, lawyers, deal makers in government, etc. are driven by their own self-indulgence, and that is the superior moral)? Are they the highest moral occupants of society? Is, effectively, greed good?
A deep distrust in higher education, science and academics in general is what has caused "the people" to not share in the "Washington establishment" triumphs. There's only so much government can do. Given a culture that has an unhealthy obsession with self-responsibility and not accepting help from the government, how exactly were "the people" supposed to achieve any triumphs? In the 21st century, being greedy for wealth and greedy for knowledge are usually one and the same. So, is greed good? Well, to some degree I think it must be. In order to acquire wealth (legally) in this day and age, one must also acquire the knowledge to become wealthy. Why would anyone be opposed to someone being greedy for knowledge? Generally, they shouldn't be.
To blame the plight of "the people" on the "Washington establishment" is the ultimate irony. The people who voted for and elected Trump have mostly shunned the federal government and academia in terms of establishing educational standards and curricula, screaming states rights all along the way. I'm sorry but I have very little sympathy towards people who have embraced self-responsibility to an insane degree while rejecting the pursuit of knowledge that has allowed the "Washington establishment" to flourish.
You're essentially saying that you think people should simply have a higher thirst or greed for more knowledge? Depend on science instead of God? Is that partially the conflict between the establishment and the working class? The former is looking forward to what science can help us achieve, while the latter is relying on what's been working so far? Can a balance of that be achieved?
Lot of college degrees in the Bernie crowd. Sorry, but incomes in DC and the surrounding areas have been going up while nationally they are stagnating. Trade deals have been done which benefit shareholders at the expense of American citizens. Washington is corrupt beyond belief.
And the worship of academics, "education" and science is laughable. Love science when it remains apolitical, but when scientists weigh in jn political shit it's too much. And academics are often wrong, yet always demand people listen to their wise proclamations. Get real.
People were angry and this election was about them. Bernie, Cruz, trump, everyone rejected the establishment.
I am convinced that it is only a matter of time before the USA becomes a European-style socialist nation. You have the protectionist socialists (@TNA, Nationalists, Trump, etc.) and the Bernie Sanders socialists (Progressives, etc.) dominating the political landscape; they're both two sides of the same coin.
It is truly pathetic to see how morally and intellectually bankrupt these discussions have become. There is no longer a true advocacy for economic and social freedoms -- the freedom of the individual; only a gradual but certain movement towards authoritarianism.
You do realize that pure capitalism leads to monopoly and we already have limits? You also do realize that the job of government is to serve the citizens? You also do realize that telling people to suck it up, go back to school and retrain or work at Starbucks isn't an acceptable answer, all the while companies that enjoy US laws and security ship jobs overseas to take advantage of cheap labor and lax environmental laws.
As for social freedom, gays can marry now, we've begun legalizing pot which will hopefully reduce the militarization of cops. We're going to actually enforce immigration laws. Not sure what you want.
Hopefully Trump will cut corporate taxes which will spur growth.
-No shit academics are wrong sometimes. That could not be further form the point. It's about the process of obtaining knowledge (scientifically, philosophically, etc.). Nobody is claiming that academics aren't often wrong... But that's part of the process of getting it right.
-How do you separate when science is political vs apolitical? Just because sometimes science isn't consistent with your worldview doesn't make it political. Sorry, but science is political. There is science behind what the safest and most efficient choices are for energy production. Just because some groups of people might be upset with those findings does not mean that science is being "political". Science and policy are inextricably tied.
-Telling people to suck it up and retrain isn't the right answer, you're right. Halting the move of factories overseas would have only prolonged the inevitable and would have lead to the U.S. being less competitive globally. That being said, there should have been stricter regulations in terms of ensuring proper environmental and human rights standards (like the TPP had). Unfortunately, when these factories did move overseas, the communities affected had little interest in joining the rest of the world. Red states chose to not adhere to modern educational standards at the k-12 level and stripped funding from public colleges. What have they chose to care about instead of educating themselves? Whatever Jesus said in the bible... And now that these towns have truly become impoverished, they have chosen to double down and use their outsized electoral influence to elect a man who appears as uneducated as them. Also, manufacturing output in the U.S. is up. It's just the jobs that are gone.
-As for the Bernie crowd vs Trump crowd, here's my take on that. What are trump supporters asking for? They want their factory/old jobs back. They want illegal (and probably a lot of legal) immigrants out of the country. They want their guns. They want prayer in school. They want to prevent women from getting abortions. What do Bernie Sanders supporters want? They want free education, free healthcare and more civil rights. Free education is unrealistic. Free healthcare is unrealistic. But do you see the difference? At least Bernie Sanders supporters understand that education is the real path to prosperity.
So what's the answer? In my view, this culture of "I don't need no government help" machismo that seems to pervade Trump supporting communities needs to end. The simultaneous rejection of higher education and glorification of factory jobs that are now mostly automated needs to end. Unfortunately, what it comes down to is that people in these communities don't want to seek a modern education as they want to avoid any and all cognitive dissonance that would result.
Bernie supports want a hell of a lot more than just free college. And college =/= intelligence or knowledge.
Your generalization on what Trump supporters want is comical since the people who pushed him over the victory line have historically been Democrat supporters.
And no one wants factory jobs over educated jobs. But a middle class that produces things is the backbone of this country. Japan, Korean, Europe, they all recognize this and protect their industrial base. Only the US prefers to sell it out.
Additionally, one only needs to look at Europe to see that free college and everyone seeking a degree doesn't mean productivity, creativity or employment.
Try again.
EDIT
All your points are bad.
1) No one is against education. People are against technocratic leaders who think people should obey them because they went to XYZ school.
2) Cancer research isn't political. Creating new forms of energy isn't political. Climate change is political. And scientists are wrong, it is part of the process. This "you don't believe xyz, you are a moron" approach to science is what pisses people off.
3) Red states this, red states that. Some of the best public colleges are in Red States (UNC, UTA, Kentucky, UGA, UMich, Wisconsin Madison, Indiana, etc). Atlanta, Charlotte, Houston, Dallas, all great cities. So it isn't just dumb Republicans.
No child left behind was Bush. People hate it because it forces a certain set of teach at the Federal level.
4) Your generalizations on Trump supporters is laughable.
@TNA" I've read this same idea in most of your posts. Either you're (1) ignorant of capitalism or (2) you have socialist leanings; I presume it is both.
All of the things you rant about in your posts have been addressed ad-nauseum by capitalist philosophers and economists over the centuries; Indeed, their ideas are the reason the USA is in the ultimately superior position it is today. Thanks to the alt-right protectionists and Bernie Sanders groupies, we become further alienated from these principles every day, which then leads to more problems, which leads to more socialism, which leads to more problems, and so the downward cycle continues.
Today, It has become clear that we have two types of authoritarian apologists: the SJWs and the alt-right protectionists (you). For all of their differences, they are two sides of the same coin: they are both apologists for individual failure and a lack of individual responsibility. Don't get me wrong, EVERYONE fails and it is critical to leading a successful life; but to become an apologist for failure and blame human success (globalisation, science/technology, etc.) for the failures of individuals in an attempt to relieve them of their personal responsibility is completely antithetical to the principles that allow populations to prosper.
A perfect example of the complete and absolute ignorance of capitalism and economics is the rhetoric against China's protectionist policies. I am astounded that so many of you alt-right protectionist losers actually think that China's protectionist policies harm us. It's actually the complete opposite: China implementing protectionist policies against our free(ER) market BENEFITS US WHILST HARMING THEM. It was the same story with Japan in the past; yet, although this was understood in past decades, it seems to have been lost upon the new generation of SJW progressives and Milo Yiannopoulos alt-right cuck-lovers.
I just noticed that someone posted a video of Milton Friedman below. Watch it; perhaps you degenerates will learn something.
+1, I remember reading a paper on this from the UN, I'll see if i can dig it up.
Another point, I remember recently by chance meeting Peter Georgescu and he mentioned the point Milton Friedman came across with the theory of "Shareholder Value". E.g. Companys are slaves to the shareholders and their primary objective should be to maximize value for these firms as a point of indifference where firms and businesses in the US started to act in a different manner to when he remembered himself as a kid. What are your thoughts on that? I think it somewhat narrows down the focus a bit.
In b4 British East India Company/Dutch East India Company.
Nail on the head, QGKZ. Hilarious people think there is an ideological difference between Trump and Bernie, or Republicans and Democrats. Any way you slice it, more government and less individual freedom and autonomy are ahead - same as it ever was.
In answering this question, I defer to Milton Friedman.
I think I do believe greed is good. But I also recognize that it's more civil to have regulations that work, strong court systems, and a government that works to serve the people for the people. Was Milton Friedman an economist or a philosopher? Civility is what's lacking if government oversteps its power, and if greed reduces government to being ineffective..
Spoken like a typical "uneducated white male."
Actually, watching this video.. I'm realizing what he means by 'greed is rewarding'. School, ethics, and other things that have a high cost (whether financially, or emotionally) do seem to fail to be rewarding. The cost-benefit is off. Like for school, people go and then come out with a job. If it pays 35k a year, no one is really going to feel that their efforts have been rewarding. So greed, on the other hand, for people that don't necessarily play strictly by the rules (those who are proactive, exploit non-academic gifts, etc.) on the basis of wanting more than just 'a job' after school are the ones who end up feeling rewarded. This is sort of greed, which drives those individual's outcome.
I am possibly accepting an Investment Sales role for a tech-startup where their products are made in China.
All I know is that most companies who depend on the cheap labor costs of overseas manufacturing, is going to get nailed. Literally.
Popcorn anyone? I just love soap operas.
You won't be able to afford any popcorn when you're paying $100 for a t-shirt. Courtesy of US manufacturing.
And just wait till Bernie Sanders/Elizabeth Warren get into power, raise the minimum wage to $15, and implement a number of other regulations. We'll all be walking around shirtless.
As I can quote Southpark and the aliens episode, "They took our jobs!"
Back to the topic, are you stating regulation is bad? I thought measures were imposed to prevent the 2008 financial crises that happened?
I have seen Warren grill that CEO of the pharmaceutical company, that made millions by raising the prices of their life-saving products. Do you think that she overstepped her boundaries questioning that CEO?
Also, shirts are overrated. I'm a monkey, I ain''t no need a shirt!
As a friend put it, Bernie can still nail this.
Greed is not good. Drive and ambition are good.
he's going to f**k up bad and i'm gonna short the sh*t outta tech companies
No, it wasn't. Inauguration speeches are meant to focus on healing wounds and laying out policy proposals for the next 4 years. In contrast, Trump gave a stump speech that lacked any specifics whatsoever and yet included absurdities such as that he is “ready to unlock the mystery of space and the free the earth from disease.”
Additionally, the part you quoted where Trump says he is going to take the power from the ruling class and give it back to the people sounds like something out of the mouth of Lenin, not an American president, much less a Republican one.
Well it was most likely written, which is a step up for Trump. I'm glad he didn't use the time to talk shit about anyone.
And, I think that quote about the people is also from Bane in Dark Knight Rises.
I can't run from it because I'll still be American even if or when this country goes to shit. I hope it doesn't.
https://www.facebook.com/MEMES.of.the.NFL/videos/vb.332968243416537/137…</a">It is
Jesus Christ.
1) What wounds to heal? That was Obama in 2008.
2) Trump's speech was perfectly in line with the entire theme of his campaign. The people are taking back Washington, the people are the focus now.
It is going to be great listing to people bitch about the way Trump licks a stamp for the next 4 years. His speech was fine, but at worst someone doesn't care. How people could hate a speech where the President talks about working for the people, giving them a voice, etc, is beyond me.
No, he didn't quote bane. No, talking about returning the focus in this country to the people who elected him isn't Lenin. Fucking A.
Go long Klenex because I've never seen so much fucking crying in my life. God, I really didn't like Obama, but this level of butt hurt is on a whole other planetary level.
Do you deny this election was incredibly divisive? That's a rather absurd position to take regardless of whom you supported.
Which is the problem, objectively because you don't give a campaign speech as an inauguration speech, and subjectively because the campaign was batshit.Which people? In what ways have they "taken back Washington?" In what ways are they the focus?
That's an amusing strawman, but it's still a strawmanHe also talked about solving the "mysteries of space" and "curing all diseases" too. The speech was idiotic and thoroughly without substance with the exception of his ridiculous protectionist rhetoric, which is also idiotic.
Of course not intentionally, but the video I linked to is pretty funny. You need to relax a bit.Ah yes, "crying." Bet I'm a "cuck" too or a "snowflake" or whatever the cool alt-right insult of the day is.
Trump is a very divisive political figure. As the next four years pass by, and he continues to be so, you should probably learn to have a political discussion or argument without flying off the handle with your "Jesus Christ" and "crying" and "Fuckin A."
Larry Summers is a joke.
Ok. How about these to make the point:
Jamie Dimon -- Trump's presidency is 'a moment of opportunity'
David Solomon -- "how is the quick push in regulation affecting us in markets"
Bank stocks underperforming, incomes down in the financial sector, index has been dragging along.
Get the point yet?
Exactly, I'm saying Larry summers is hardcore political left economist and has been wrong on macro policies . Like at Jackson in 06-07 when an economist presented a white paper about the impending housing bubble- Larry and others tried to discredit him. Larry will be 'bearish' until the next Democratic administration comes in. Larry believes that central banks should be the drivers of growth instead of fiscal policy and returning velocity to the economy.
Even Dimon sees the opportunity to have sensible regulations without prohibiting growth.
I wouldn't be surprised if Trump starts ordering suspected muslims and illegal mexicans to be put in concentration camps. Reminds me of someone I've read about...though I think his slogan was "Make Germany Great Again"
Greed, for lack of a better word, is good! Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind.
(p.s. FUCK it feels good to let than one rip - I've been waiting for the right moment for a long time!!!)
Fucking hell… @QGKZ is spitting truth.
And the bit about Trump quoting Bane from Batman is hilarious. SB to you @CRE.
I’d always assumed that Anthony was a fellow conservative… Seems as if he’s a Republican through and through.
We are certainly moving towards socialism. Democrats offer Bernie and Republicans offer Trump. A “lose-lose” proposition. As someone mentioned, they are very much different sides to the same coin. The protectionist stance that Trump is taking is just prolonging the inevitable. I have a feeling that in 10 years, people will look back at Trump and praise him for “protecting” their jobs. 50 years from now, they will decry him for a fool that undid decades of globalization and free markets.
However, with that being said, Trump’s speech was brilliant. His campaign was brilliant. Especially considering the media bias he had to overcome. Not an easy feat in this day and age.
The man clearly knows what he is doing. He realizes that dumb people outnumber intelligent people by a ridiculous margin, and that in a democracy, quantity>quality.
If you think his speech lacks substance… Trump knows. But he realizes that the proletariat want “feels” rather than substance.
Trump will be the most effective President in living memory. He has been using the power of his office in an unprecedented (pardon the pun) way, and if he keeps it up, we will see what a President with excellent social awareness and masterful grasp of the psyche of the masses can achieve. It’s just a shame that he will be effective at decimating a century of progress towards uniting the world though capitalism.
Lastly, to those who say that protectionist policies are good for the consumers: there is a reason why your t-shirt costs $10 instead of $100… Hint: it’s NOT because it was made in the USA.
the t-shit has to cost $10 because you (well not you, using "you" very loosely here) make minimum wage. The argument Trump makes, right or wrong, is that if the jobs of making the t-shirt stayed here, the shirt would cost $100 but you would also be making enough money to afford it as wages would rise in proportion. If someone in China can make that shirt for $5 and sell for $10 and they flood the market, then people making the shirt here loose their jobs and factory shuts down. Same principle to cars, or steel or whatever. The theory of globalization is that in the long run standard of living will increase everywhere and parity will be achieved. But when they go up in China, India steps in. When they go up in India, the Philippines step in. Then African continent, and so on. The point being the long run is, well long away. That is no comfort for people trying to earn a living for their families now so this is why Nationalism is a popular movement now. It is true that being completely isolationist doesn't work (ask Cuba or North Korea) so I really hope he doesn't blow up all the trade agreements out there, but at the same time nationalism (this is about 1 or 2 notches below isolationism) seems to have it's merits (ask China). They key here is to not lean too much on one thing and evaluate proposals on their merits but when politics is involved, who knows.
Love or hate Trump we can speculate all we want but only time will tell how his policies impact us. And if he last election was anything to go by, we can't even rely on experts to guide us as this is uncharted territory here.
Leeman Brothaz - Greed is Good (Originally Posted: 05/11/2011)
Haha check this out:
mediocre.
These are better:
http://www.youtube.com/watch?v=GTQnarzmTOc[quote=absinthe]mediocre.
These are better:
http://www.youtube.com/watch?v=GTQnarzmTOc[/quote]what is it with nerds and rap... buddy's engineering group made a freaking series of videos about their hm... area of expertise. (^these videos are funny and well done though :))
More like Lee-MEH Brothaz
Fair enough. Thanks for sharing.
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