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"Moral Hazard" in Politics

Andy440 Wrote: Aug 27, 2010 6:39 PM
Socialism does not work.... Socialism has NEVER worked...... Socialism WILL never work...... Is there anything too hard to understand about that statement? The government guaranteeing insurance? WHY is the government in the business of selling or guaranteeing insurance? Why is the government in the business of doing ANYTHING other than providing for the National Defence, defending the borders, and delivering the mail? The 'fatal error' the American people has made, since the 'New Deal' (which is another name for a 'fast shuffle from the bottom of the deck') is that it wants the government to be 'Uncle Sugar Daddy' providing for ALL its needs, desires, whims, and fancies. YET, Americans wish to believe that they are still 'the land of...
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Positive Force Wrote: Aug 27, 2010 11:51 PM
Look at all the times socialism has been implemented in Europe during the 20th century. And the result was people stacked like firewood and bulldozed into mass graves. If the democrats get their way...conservatives will be treated the same way. Socialist want to purge the society of anyone who dissents from their Godless plan of complete government control.
Cambermeister Wrote: Aug 28, 2010 12:42 AM
Are you impying that Nazi meant German National Socialist Workers' Party?
Are you claiming that Hitler was a socialist?
The Left hates truth tellers. Watch out.
Voteright Wrote: Aug 28, 2010 9:14 AM
Don't forget Socialist India --- over 10 million educated people have emigrated from India in the last 40 years because of Socialism. Yet many of the 2.5 million India emigres to the US voted for and have mostly voted for the Democrat Socialist Party in the United States. People never learn.

One of the things that makes it tough to figure out how much has to be charged for insurance is that people behave differently when they are insured from the way they behave when they are not insured.

In other words, if one person out of 10,000 has his car set on fire, and it costs an average of $10,000 to restore the car to its previous condition, then it might seem as if charging one dollar to all 10,000 people would be enough to cover the cost of paying $10,000 to the one person whose car that will need to...

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