economic s lesson...?

[johno]

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.

Remember, there IS a test coming up. The 2012 elections.



These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Can you think of a reason for not sharing this? Neither could I.

[Jack Flash]

I feel compelled to point out the the professor is describing communism not socialism.

Communism is when everyone gets paid the same weather they are a doctor or a ditch digger. The government pays them to go to college because they have the grades and intelligence to do something someone else could never do. But it causes people to lack incentive because why strive to be a doctor when being something easier pays the same.


Socialism is when the government oversees the major corporations.
Makes sure they are operating safely and they can make money and have free enterprise but makes sure they are not cheating the people they are suppose to be helping. Which would prevent banking practices we are now seeing. It would include free health care and free education for those with the grades to warrant such help. But people could open their own businesses and you are paid by what you do, so you do have incentive to work hard and pay your bills. So you can buy your own house and your own car.

Obama's plan (or his minders plan) reflects neither, and is best described as feudalism, or even favoritism modeled after organized crime. It has allowed thieves in the financial sector to steal from small businesses and private pensions alike. But it's not just in the USA, Europe has taken a shellacking too.


Cerina you owe me a hug for defending your guy
Mugley - sorry about that, I know you wanted to vote for him
Johno - We will gladly send him to Europe so you can vote for him And we will include as many more politicians as you desire.

[Jack Flash]

Remember, there IS a test coming up. The 2012 elections.

Vote Ron Paul

Will it do any good? Probably not, but at least the sham will be exposed.

[Don't Blink]

looks like someone is getting wound up















again

[cerina]

Socialism can work, and very effectively. Communism is a sham because the men (and it is invariably men) at the top will enrich themselves at the expense of the poor and it doesn't reward those who strive to improve themselves. Capitalism can work, but it needs to be allied with a degree of socialism to make it truly fair.

I still believe that Obama has the right idea but is being stifled by those in opposition who don't want to see 'lesser mortal' given the chance to better themselves. All this right wing propaganda is scary because it is aimed at keeping the poor in their place while those who dictate these things enrich themselves further.

[Don't Blink]

So what ya'll are saying is Obama is not a Communist .... he is a thief



That certainly clears things up. I expect the White House will be wanting to send a note of thanks

[mugley]

don't be insulting thieves now

[Jack Flash]

Will you be campaigning for Obama again this election cycle?

[mugley]

oh yeah, I 'll be doing my best to make sure the electorate is fully informed about the Obama Messiah and make sure people are hoping for a change