Capitalism

[hhiusa]

]

It falls down, though, due to the fact that they give their money where they want it. Very laudable, I agree. It makes sense to give away what one will never need.

However, is it really going to the right places? That is a very difficult decision to make. I don't know where I would donate mine, if I had that much.

I am of a capitalist mentality and not a socialist, but I believe money of that nature should have some kind of legislation. IMO it is very wrong for one man to make all that money because he may use it against the public interest.

That kind of money in the wrong hands can, and does, corrupt governments.

How is it for you to say where people should donate their money? Nobody should be able to tell you where you are going to "donate" your hard earned money. Even if you are a hard core bible belter who wants to donate your millions to a charity that fights ridiculous things, it is still your prerogative.

 

[Splitlink]

How is it for you to say where people should donate their money? Nobody should be able to tell you where you are going to "donate" your hard earned money. Even if you are a hard core bible belter who wants to donate your millions to a charity that fights ridiculous things, it is still your prerogative.

I'm sorry, but if the "donation" is against the public interest, which it might well be, then it is madness for the state to allow it to happen.

Surely, it is not immoral to want to know where, exactly, these donations are going?

In fact, a person's tax declaration allows for taxes to certain charities to go tax-free, where I live.

That is so that the not so well off do not get creamed for donating their hard-earned money.

 

[hhiusa]

I'm sorry, but if the "donation" is against the public interest, which it might well be, then it is madness for the state to allow it to happen.

Surely, it is not immoral to want to know where, exactly, these donations are going?

In fact, a person's tax declaration allows for taxes to certain charities to go tax-free, where I live.

That is so that the not so well off do not get creamed for donating their hard-earned money.

No. The only madness is allowing the government to tell me where I can spend my money. I will never be on board with politicians telling me what the "public interest" is.

 

[Splitlink]

No, of course not. The one donating the money is never likely to be on board with being told where to spend it. Nevertheless, that means that such a person could be donating his money to ISIS, for example.

Anyway, I'm on to other things. That is my opinion.

 

[hhiusa]

No, of course not. The one donating the money is never likely to be on board with being told where to spend it. Nevertheless, that means that such a person could be donating his money to ISIS, for example.

Anyway, I'm on to other things. That is my opinion.

Talk about hyperbole. That's apples and oranges. LEGAL ACTIVITIES. We are talking about American charities. You really think we are arguing about giving money to such things.

You were really taking a stretch. Do we need to discuss the concept of a charity before proceeding so you don't go off the rails again.

See in the U.S., there is a thing called the First Amendment.

 

[Pat494]

A good case against pure crapitalism is taking form here in the UK and probably other places. This involves companies paying less than the minimum wage by forcing their employees to declare that they are independent tradesmen. They get no pension rights, holiday pay, sickness benefits etc.
On top of that they falsify the hours worked so that the payslip shows they are paid the minimum wage.
These jobs are like delivering food, driving minicabs etc.

The usual heartless exploitation of labour by the mean minded.

 

[Pat494]

I hear on the news this morning that there may be a bid for Europe's largest chocolate company - Nestle. Again one of Europe's best companies targeted by the asset strippers. The feeble politicians probably won't lift a finger to stop the rape as usual. The firm's employees should have the final say in whether they are flogged off by their Board, which is probably bribed by the asset strippers.

Glad to see Unilever has managed to evade their clutches. About time the politicians got a bl**dy grip on that situation and not be in bed with the asset strippers.

 

[Splitlink]

I don't see anything and, frankly, I don't want you to show me.

I don't live there and am not interested in Amendments.

 

[Pat494]

Talk about hyperbole. That's apples and oranges. LEGAL ACTIVITIES. We are talking about American charities. You really think we are arguing about giving money to such things.

You were really taking a stretch. Do we need to discuss the concept of a charity before proceeding so you don't go off the rails again.

See in the U.S., there is a thing called the First Amendment.

The way I understand it the 1st is about freedom of speech and religion

Dump is trying to stifle this right with his tweets of fake news and the neo fascist alternative reality.

 

[dbphoenix]

I don't see anything and, frankly, I don't want you to show me.

I don't live there and am not interested in Amendments.

The people who have this kind of money know how to give it to whomever and whatever they please. Those who are unaware of this have never heard of, for example, dark money. Anyone who thinks the law protects us all is simply naive.

 

[Splitlink]

The people who have this kind of money know how to give it to whomever and whatever they please. Those who are unaware of this have never heard of, for example, dark money. Anyone who thinks the law protects us all is simply naive.

I know that, db, but if we have no law, what have we?

There is a Spanish saying. "Hecho la ley, hecho la trampa". IOW, wherever there is a law, there's a loophole" Some lawyers find them to use and others find them to close.

 

[Atilla]

http://www.bbc.co.uk/news/business-40410128

Shares in the company that made the cladding used on Grenfell Tower have fallen sharply in New York.

Arconic, formerly known as Alcoa, fell 6% to $24.01 after the firm said it would stop selling Reynobond PE cladding for use in high-rises.

A fire on 14 June killed dozens of residents of the west London tower.

Arconic said in a statement it was the "right decision because of the inconsistency of building codes across the world".

The US firm supplied Reynobond PE cladding for use in Grenfell despite publicly warning the panels were a fire risk for tall buildings.

While the extent of Arconic's responsibility remained unclear, investors were taking a "sell now and ask questions later" approach, said Tim Ghriskey, chief investment officer at Solaris Asset Management in New York.


Let the buyer beware!

Someone obviously didn't take the public warning on risk for tall buildings!

Blame game has started already. It was all about standards and their interpretation. :whistling

 

[dbphoenix]

I know that, db, but if we have no law, what have we?

There is a Spanish saying. "Hecho la ley, hecho la trampa". IOW, wherever there is a law, there's a loophole" Some lawyers find them to use and others find them to close.

It's an ongoing battle, whether one lives in a capitalist society or not. My point was that the law is easily skirted by those who can afford to do so. Invoking the Constitution may make some people feel better, but that's about as far as it goes.

 

[dbphoenix]

http://www.bbc.co.uk/news/business-40410128

Shares in the company that made the cladding used on Grenfell Tower have fallen sharply in New York.

Arconic, formerly known as Alcoa, fell 6% to $24.01 after the firm said it would stop selling Reynobond PE cladding for use in high-rises.

A fire on 14 June killed dozens of residents of the west London tower.

Arconic said in a statement it was the "right decision because of the inconsistency of building codes across the world".

The US firm supplied Reynobond PE cladding for use in Grenfell despite publicly warning the panels were a fire risk for tall buildings.

While the extent of Arconic's responsibility remained unclear, investors were taking a "sell now and ask questions later" approach, said Tim Ghriskey, chief investment officer at Solaris Asset Management in New York.


Let the buyer beware!

Someone obviously didn't take the public warning on risk for tall buildings!

Blame game has started already. It was all about standards and their interpretation. :whistling

Yes, since building codes are inconsistent across the world, it's perfectly okay for the company to sell a product they know is flammable.

Ain't capitalism wunnerful?

 

[Splitlink]

http://www.bbc.co.uk/news/business-40410128

Shares in the company that made the cladding used on Grenfell Tower have fallen sharply in New York.

Arconic, formerly known as Alcoa, fell 6% to $24.01 after the firm said it would stop selling Reynobond PE cladding for use in high-rises.

A fire on 14 June killed dozens of residents of the west London tower.

Arconic said in a statement it was the "right decision because of the inconsistency of building codes across the world".

The US firm supplied Reynobond PE cladding for use in Grenfell despite publicly warning the panels were a fire risk for tall buildings.

While the extent of Arconic's responsibility remained unclear, investors were taking a "sell now and ask questions later" approach, said Tim Ghriskey, chief investment officer at Solaris Asset Management in New York.


Let the buyer beware!

Someone obviously didn't take the public warning on risk for tall buildings!

Blame game has started already. It was all about standards and their interpretation. :whistling

When we came out here, Spain was quite lax in its safety rules.In fact, they did not have any. We bought a dishwasher from a German manufacturer. German stuff was the best, right? It came supplied with a two pin plug. I could not believe it! They, all, do what they can abroad, because it saves money and it is legal.

I saw many a car with, absolutely, bald tyres, Fuses? No one, ever, bought new ones, DIY experts used to stick of strands of cable wire across the points---plenty of strands, so that the fuse never gave any more trouble.

 

[dbphoenix]

When we came out here, Spain was quite lax in its safety rules.In fact, they did not have any. We bought a dishwasher from a German manufacturer. German stuff was the best, right? It came supplied with a two pin plug. I could not believe it! They, all, do what they can abroad, because it saves money and it is legal.

I saw many a car with, absolutely, bald tyres, Fuses? No one, ever, bought new ones, DIY experts used to stick of strands of cable wire across the points---plenty of strands, so that the fuse never gave any more trouble.

The self-sufficiency trend is made up largely of people who've figured out that you're pretty much on your own these days.

 

[Oscar Reed]

 

[Pat494]

Some people are equating the retreat of liberal democracy with the rise of right wing capitalism in business. The political situation in Turkey is a prime example of a new era of moving away from liberalism towards dictatorship. Thousands have been imprisoned or lost their jobs in the neo fascist move to absolute rule.
Liberalism has been openly mocked by a new right wing in the US. It has lurked under the surface for many years and now with Trump, is surfacing.

I don't expect T. May to last very long. The Tories may in desperation choose one of these new anti liberal people to head up their next election campaign and there is some considerable support nationwide. People are fed up with the soft line on immigration etc.

 

[tomorton]

I don't expect T. May to last very long. The Tories may in desperation choose one of these new anti liberal people to head up their next election campaign and there is some considerable support nationwide. People are fed up with the soft line on immigration etc.

Agree TM won't last, probably not as long as 2019. I doubt she'll be able to convince that the Brexit negotiations are going to deliver.

Beyond her I think the Conservatives are in trouble. Maybe such deep shtt that they invite Nigel Farage to parachute in as their PM - I suspect the PM does not have to be an MP.

 

[Splitlink]

Agree TM won't last, probably not as long as 2019. I doubt she'll be able to convince that the Brexit negotiations are going to deliver.

Beyond her I think the Conservatives are in trouble. Maybe such deep shtt that they invite Nigel Farage to parachute in as their PM - I suspect the PM does not have to be an MP.

You mention that you "suspect". I am ignorant of this aspect of British parliamentary procedure and would like you to explain that a bit more.

No catches on my part--I promise! Just would like to know some more. Sounds very undemocratic, to me-- an MP not elected by a constituency.