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March 23, 2010 at 9:30 AM #530507March 23, 2010 at 10:03 AM #529601briansd1Guest
[quote=CONCHO]the East India Company was a private corporation, not part of the British government. If it appeared to be an arm of the British government, that is only evidence of the power it was able to amass through corruption and collusion. East India Company profits went to shareholders (and of course as bribes to British officials), not to the British government as revenue.[/quote]
Sounds like the big banks and GSEs today in America.
March 23, 2010 at 10:03 AM #529730briansd1Guest[quote=CONCHO]the East India Company was a private corporation, not part of the British government. If it appeared to be an arm of the British government, that is only evidence of the power it was able to amass through corruption and collusion. East India Company profits went to shareholders (and of course as bribes to British officials), not to the British government as revenue.[/quote]
Sounds like the big banks and GSEs today in America.
March 23, 2010 at 10:03 AM #530179briansd1Guest[quote=CONCHO]the East India Company was a private corporation, not part of the British government. If it appeared to be an arm of the British government, that is only evidence of the power it was able to amass through corruption and collusion. East India Company profits went to shareholders (and of course as bribes to British officials), not to the British government as revenue.[/quote]
Sounds like the big banks and GSEs today in America.
March 23, 2010 at 10:03 AM #530278briansd1Guest[quote=CONCHO]the East India Company was a private corporation, not part of the British government. If it appeared to be an arm of the British government, that is only evidence of the power it was able to amass through corruption and collusion. East India Company profits went to shareholders (and of course as bribes to British officials), not to the British government as revenue.[/quote]
Sounds like the big banks and GSEs today in America.
March 23, 2010 at 10:03 AM #530537briansd1Guest[quote=CONCHO]the East India Company was a private corporation, not part of the British government. If it appeared to be an arm of the British government, that is only evidence of the power it was able to amass through corruption and collusion. East India Company profits went to shareholders (and of course as bribes to British officials), not to the British government as revenue.[/quote]
Sounds like the big banks and GSEs today in America.
March 23, 2010 at 10:30 AM #529622werewolf34ParticipantInteresting discussion.
One thing that continues to amaze me is that the middle class (if they ‘work hard and try’) still believe they will become rich and part of the upper class (big house, nice cars, kids go to good schools).
The truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless. The legislation and bailouts and spending are all combining to keep rich rich and the poor well poor.
March 23, 2010 at 10:30 AM #529750werewolf34ParticipantInteresting discussion.
One thing that continues to amaze me is that the middle class (if they ‘work hard and try’) still believe they will become rich and part of the upper class (big house, nice cars, kids go to good schools).
The truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless. The legislation and bailouts and spending are all combining to keep rich rich and the poor well poor.
March 23, 2010 at 10:30 AM #530199werewolf34ParticipantInteresting discussion.
One thing that continues to amaze me is that the middle class (if they ‘work hard and try’) still believe they will become rich and part of the upper class (big house, nice cars, kids go to good schools).
The truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless. The legislation and bailouts and spending are all combining to keep rich rich and the poor well poor.
March 23, 2010 at 10:30 AM #530298werewolf34ParticipantInteresting discussion.
One thing that continues to amaze me is that the middle class (if they ‘work hard and try’) still believe they will become rich and part of the upper class (big house, nice cars, kids go to good schools).
The truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless. The legislation and bailouts and spending are all combining to keep rich rich and the poor well poor.
March 23, 2010 at 10:30 AM #530557werewolf34ParticipantInteresting discussion.
One thing that continues to amaze me is that the middle class (if they ‘work hard and try’) still believe they will become rich and part of the upper class (big house, nice cars, kids go to good schools).
The truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless. The legislation and bailouts and spending are all combining to keep rich rich and the poor well poor.
March 23, 2010 at 10:53 AM #529646blahblahblahParticipantThe truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless.
“It’s called the American Dream because you have to be asleep to believe it.” – George Carlin
RIP funny man…
March 23, 2010 at 10:53 AM #529775blahblahblahParticipantThe truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless.
“It’s called the American Dream because you have to be asleep to believe it.” – George Carlin
RIP funny man…
March 23, 2010 at 10:53 AM #530225blahblahblahParticipantThe truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless.
“It’s called the American Dream because you have to be asleep to believe it.” – George Carlin
RIP funny man…
March 23, 2010 at 10:53 AM #530323blahblahblahParticipantThe truth is that this generation will likely not live better than the previous. If / when people realize the American Dream is just that – a dream – then the political divide will become meaningless.
“It’s called the American Dream because you have to be asleep to believe it.” – George Carlin
RIP funny man…
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