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Why does a strawberry picker get paid more in California than in Mexico, when they are doing the exact same work.
Rent in Mexico is a chicken a month.
Rent in US for the same filthy shack is a full chicken coup a month.
Rent in Mexico is a chicken a month.
How much does a duck buy?
Same shack, but with a nice view of the garbage dump.
The public sector is doing the same thing. They take things by force.
So does the HOA. Or so does the bank take the mortgage money by force.
If you want to have a roof, what choice do you have?
So HFT traders take their cuts if you trade. If you want to trade they take it by force. What choice do you have?
In any case this is a moral question, which is irrelevant from an economic perspective.
It is very different because of the waste involved.
Are you claiming there is no waste in the private sector? You have never worked for a large company, have you?
Further it doesn't change the fact that public workers are part of the economy, and what is spent circulate in the economy.
As Yellin was complaining the other day the money is not put into circulation.
I thought we were talking about whether it is returned to the private sector. Which it is.
The point is that the hoarded money which is in excess of the workers consumption then goes to those who receive the cheap or free money. Yesterday Southerby's auction house set a record
Are you seriously claiming public teachers are shopping at Gucci and Sutherby?
The chemical companies could be sued by the victims
An army of lawyer fighting. How is that more efficient than having a clear rule and enforcing it?
I would say it's a much worse solution.
BULLSHIT, take Sarbanes Oxley, it has been estimated to cost the economy 1.5 trillion dollars per year, yet in it's 10yr history it has yet to find one instance of financial irregularities.
BS out of your ass.
So let's give up ANY accounting principle? Let companies report WHATEVER THEY WANT? Is that what you are proposing?
What do you think would be the cost of that?
I assume you mean HFT, yes they deliver value to their customers, if they did not the customers would vote with their feet.
Whose customers, you moron? At the expense of whom?
Yeah those who pay the robbers to rob profit. Thanks for that great lesson of moral.
Are you expecting the victims to vote with their feet? to go where?
That is the point it is not private healthcare, it is cronyism.
Assuming this, we always go back to the same point: THESE ARE PRIVATE COMPANIES.
Yeah private companies corrupt.
Welcome to reality.
The only force that could police corruption is the government itself, but this is exactly where the corruption happens...
Thanks for showing your assumption of a perfect "private world" doesn't apply. It will never apply.
You can keep chasing an utopia or see the world as it is: groups of people fighting to extract a living out of other people.
This happens whether public or private.
If you are just looking how much money flow in the hands of people, it doesn't make any difference.
You simply have shown nothing to disprove this.
I have illustrated my points quite well but you only answer with conjecture that is deteriorating into ad hominem. You have decided to take the blue pill, "have a nice day"...
Rent in Mexico is a chicken a month.
How much does a duck buy?
(and that's just the gate house).
Rent in Mexico is a chicken a month.
How much does a duck buy?
(and that's just the gate house).
Lucky duck.
Did that guy win a Grammy for that performance?
I mean it was so damn good, you can put any dialog to it, and it works.
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http://www.cnbc.com/id/102146583
Balance of Power: Senate: 50 (R) 42 (D) 2 (I) 6 (Undec.) | House: 246 (R) 189 (D)
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