[Driller1]

Originally Posted by darstar

Where would you get that idea ? You can't have it all. If you could ( no elected Government ) , than we would not be a democratic republic. We would be a Fascist state , much like Nazi Germany was, when all private industry was controlled by a very few " select" peoples. Socialism is not a bad word , just like too much of anything , is not good . We need a balance , putting , the people first , not the other way around.

So we mean private industry, good. Let us say you and I have 100 million to invest in heavy industry.
It is going to take us five years to get the permits. If things go good. We can be up and running in China and making money in two. OK, partner, why should we build in the US???

In the drilling business, the DEQ/EPA would like to call the drilling mud that comes out of a bore hole toxic waste. So, we would haul it to Detroit. It will make the average water well cost $700/$1000 more. So far we are just ducking a bullet.

[ergohead]

Originally Posted by ergohead

Well now, that's a pretty anthopocentric statement!

Hayek on Patents and Copyrights - Mises Economics Blog

I think the U.S. has been Fascist since the enactment of the Federal Reserve Act of 1913.

Wasn't that the perfect marriage between Big Business and Big Government?

[ergohead]

Originally Posted by ergohead

I think the U.S. has been Fascist since the enactment of the Federal Reserve Act of 1913.

Wasn't that the perfect marriage between Big Business and Big Government?

I suggest that "elsewhere", be allowed, under the guarantees of Individual Rights enumerated as the 9th Amendment to the U.S. Constitution.

Since the founding of this nation, there has been an ongoing battle between Big Business and Big Government over who gets to be on top.

Capitalism - When Big Business is on top.

Socialism - When Big Government is on top.

Fascism - When Big Business and Big Government are lying on their sides (69 or 99).

U.S. Constitution - Free Enterprise.

I wonder why Hitler, the Socialist, admired Mussolini, the Fascist, so much.

[darstar]

Originally Posted by Driller1

So we mean private industry, good. Let us say you and I have 100 million to invest in heavy industry.
It is going to take us five years to get the permits. If things go good. We can be up and running in China and making money in two. OK, partner, why should we build in the US???

In the drilling business, the DEQ/EPA would like to call the drilling mud that comes out of a bore hole toxic waste. So, we would haul it to Detroit. It will make the average water well cost $700/$1000 more. So far we are just ducking a bullet.

Things are not so good in China ether. Huge pollution problems , Communist Government , ( They could turn on you in a minute ) , pay their people very little , human rights , on and on . let along , the huge waste , of shipping products half way around the world, fuel , hazards . Do you know who owns the Steamship lines ? They also own most of our debt , we will , ( are already ) , working for China. Won't be long , and they will be making the final delivery's to Walmart......with their own drivers.......still want to have things made in China ?
Our balance of trade is so out of balance , that , the only way this Country will excell again , is to make stuff HERE , what ever the additional cost. Big Business will continue to go where they can make the most bottom line profit , for now , not for the long haul. What is needed for business is investment tax credits , so , they will buy machinery to make things , along , with tariffs that protect the American producers. I am sure thats one you don't like ether........ We do it for the Farmers , why not industry.

[Driller1]

Originally Posted by darstar

Things are not so good in China ether. Huge pollution problems , Communist Government , ( They could turn on you in a minute ) , pay their people very little , human rights , on and on . let along , the huge waste , of shipping products half way around the world, fuel , hazards . Do you know who owns the Steamship lines ? They also own most of our debt , we will , ( are already ) , working for China. Won't be long , and they will be making the final delivery's to Walmart......with their own drivers.......still want to have things made in China ?
Our balance of trade is so out of balance , that , the only way this Country will excell again , is to make stuff HERE , what ever the additional cost. Big Business will continue to go where they can make the most bottom line profit , for now , not for the long haul. What is needed for business is investment tax credits , so , they will buy machinery to make things , along , with tariffs that protect the American producers. I am sure thats one you don't like ether........ We do it for the Farmers , why not industry.

We are back to square one. How are we going to make things with out the permits?? And I mean heavy industry.

[ergohead]

I hate square one.

As a diversionary break, would anyone care to speculate scenarios that would result if the U.S. were to repudiate all foreign debt, and then enact tariffs high enough on all foreign imports to put foreign products out of the reach of 90% of the U.S. population?

What would China do?

What would India do?

What would Japan do?

What would Germany do?

What would Russia do?

What would the U.S. do?

[MI-IRISH]

businesses in the US are taxed roughly at 35%,Ireleand 11%,see a problem beginning here?

[Driller1]

Originally Posted by ergohead

I hate square one.

As a diversionary break, would anyone care to speculate scenarios that would result if the U.S. were to repudiate all foreign debt, and then enact tariffs high enough on all foreign imports to put foreign products out of the reach of 90% of the U.S. population?

What would China do?

What would India do?

What would Japan do?

What would Germany do?

What would Russia do?

What would the U.S. do?

Oh, that is not my question at all. They would build the factories. We won't.

[MI-IRISH]

If it all broke down,I bet the US could be self-sufficient

[ergohead]

Top taxes on U.S. Businesses under Eisenhower were 90% when Government was on top. (Socialism)

Top taxes on U.S. Businesses under JFK were 70% when Government was on top. (Socialism)

Top taxes on U.S. Businesses under Reagan were 38% when Big Business was on top. (Capitalism)