"if you don't want to take the risk of getting wiped out, don't live on the coast"
Toronto was almost 1000km north of where the Hurricane initially hit America, 18 hours later and we had a hurricane, there was no way of predicting that would happen...

"Stupid Marxist suffering" is a triple redundancy, by the way."
lol

Rawls?

http://images.t-nation.com/forum_images/5/f/5fd83-GTFO.gif

Obviously the hurricane hit them because they were marxists, big governement statists and/or democrats. They deserved everything they got and to provide them aid is purely ignorant.

Hurricanes must be part of that "creative destruction" mechanism that destroys inefficient firms - in this case, socialist thought. When the Invisible Hand gets going it does NOT screw around.

"There's a theory that's something like "The Veil of Ignorance", which says something along the lines of: how would people set up an ideal economic system if they had no idea if they were stronger, smarter, healthier, etc. than anyone else; that is, if they don't know if they're the priveledged or the handicapped?

People who undertake this experiment tend to negotiate strongly for societies that are much more equal than current societies, which goes to show that people a) are risk averse (no shock there) and b) can and do select systems that suit them at any given time."
Which brings me back to my previous point. With the even semi-socialist system, which, shared risks would undertake.

Example being Free Health Care, Education (which I support), etc. etc. there is still deadweight loss, which is what occurs when governments subsidize an industry (in socialization cases a 100% subsidy) to lower prices.

We have 10 people and $100 of resources to allocate. Lets say the capitalist system would give one person $55 and everyone else $5.

However under a socialist sytem, each person would only get $8.

So what would you choose?

Exactly, Socialist thought simply impedes on individual freedom and must be destroyed. Even God agrees.

Ideally, you'd get a situation something like Person #1 saying "I will give you all $4 if you don't make us go to Situation 2" and everyone goes "Hooray!"

Of course, this is predicated on the assumption that people 2 through 10 can do something about it if Person 1 doesn't.

"Obviously the hurricane hit them because they were marxists, big governement statists and/or democrats. They deserved everything they got and to provide them aid is purely ignorant."
So were the Republicans of Katrina, I guess. lol.

"Hurricanes must be part of that "creative destruction" mechanism that destroys inefficient firms - in this case, socialist thought. When the Invisible Hand gets going it does NOT screw around.Hurricanes must be part of that "creative destruction" mechanism that destroys inefficient firms - in this case, socialist thought. When the Invisible Hand gets going it does NOT screw around."
As I said earlier, the people in Africa are starving because clearly, God wants them to.

A force far more powerful than God. The market!

In the beginning, the universe cried out for creation.
The Entrepeneur trod upon the firmament, and he saw that it was Bad.
Yet He could hear the firmament crying out for betterment, the formation of a world and a species which could be made in his own image.
And so the Entrepeneur made God; for all your Messianic needs at basement-bargain prices.
And He spake, and said "That'll be $14.95".
And it was good.

http://images.memegenerator.net/instances/400x/9979458.jpg

Why are people starving in Africa?
Idiots use the fact that people are starving as an irrational basis for their own private agendas, but they don't explain what caused the problem in the first place. When they are finally shamed into addressing the root problem they can't do so intelligently or with anything resembling persuasive logic because they really don't care. Starvation is only important to them because they can exploit it.

Fasces, "Cities around the Gulf of Mexico get his annually."

Please pull your head out of your ass before posting something that ignorant again.

My mind is ripped. It can do, like, a jillion sit ups. Nothing weak here.

If you live in N'Orleans do you deny the fact that you live below sea level in a major flood zone that will experience 100 year events.

If you don't that is proof you are a Marxist right there because you obviously are incapable of rational thought.

If you live in Los Angeles, like I do, do you ignore the fact that the San Andreas Fault could kill you tomorrow and when it does cripple you when your house falls on you only a dumbass or a Marxist would say "it wasn't my fault" you must bear the burden with me.

Nope, you roll the dice, buy earthquake insurance, keep an earthquake kit ready, and pray that you beat the odds.

If you don't beat the odds you don't snivel and abandon your dignity making some argument that other people are responsible to help you.

Move or shut the F..... up with your ignorant, irrational BS

"Ideally, you'd get a situation something like Person #1 saying "I will give you all $4 if you don't make us go to Situation 2" and everyone goes "Hooray!"

Of course, this is predicated on the assumption that people 2 through 10 can do something about it if Person 1 doesn't."
So what if something Person 1 wants to buy costs $10?

Picture this situation. Based on the worlds GDP (58 trillion) the GDP per capita of the world is $8,599 a year.
minimum wage in Canada alone gets $20,800... (assuming 40 hours a week all year for said salary)

According to the UN, to be considered above the poverty line, someone needs to earn $21,000...
In other words say we magically gained doubled the money supply in the world without any cost of inflation, a majority of people would still be below the poverty line. There is not enough resources for everyone to get a piece of the pie, so some people have to be excluded. Economics is the science behind choosing how to best split that pie.

I know Lord Nubz isn't a Marxist or he would know there is no God.

Wrong again Fasces, there is a system for everyone to get a piece of the pie.
The system is to grow the pie so there is a bigger piece for everyone the world over.
The system is called free market capitalism.

I love ignorant fools who always talk about raising wages instead of realizing that prices are the key to focus on.
From 1865 until the early 1900's prices of a broad array of consumer goods dropped decade after decade in the United States while wages remand constant.
The standard of living improved without higher wages because of massively increased productivity.
It would help to study economic history.

Absolutely. And person 1 still has something like $19, so he's still better off.

Theoretically, a situation without deadweight loss is always better than one with it, since the gains can be distributed in such a way that everyone is better off. The problem is a) there's no incentive to do this for the people who benefit most and b) there's usually no way to force them to give up money (for good reason).

"Please pull your head out of your ass before posting something that ignorant again. "
~20 hurricanes a season in the gulf of mexico, it is not unreasonable to assume US cities will be hit each year.

So lets say that Global Warming is an irrefutable fact, and that the climate models can predict exactly when oceans levels will rise and by how much.
The predictions say that Manhattan have two feet of water covering it in 10 years.
Anyone who doesn't have the intelligence to leave Manhattan gets to claim that all of their personal possessions getting ruined when the flood comes exactly as predicted is not their fault in any way shape or form and others must bear the burden with them.

I wonder why you idiots with your completely irrational and illogical arguments don't build a house in the middle of an interstate and claim that its not your fault when a car hits it.

No wonder so many people are in so much trouble. They are just dumber than dirt.

Fasces, please name the US cities on the coast of the Gulf of Mexico hit by a hurricane in the last decade.
It will be funny to watch you learn the truth, and also funny to see you attempt to increase the definition of "hit." LOL!
When you've posted something stupid just admit it and move on.

I would also like you to identify a single hurricane season with 20 hurricanes in the Gulf of Mexico.

Why do you post such stupidity without even checking?

What happens when the insurance firm, badly operated etc; goes under as a result of too many claims?

Fasces, There were 12 named Atlantic Hurricanes in the 2010 season and not one hit the US mainland.

"I would also like you to identify a single hurricane season with 20 hurricanes in the Gulf of Mexico."
I appear mistaken, I was confusing Hurricane with Tropical storm when giving that fact. I apologize.

1st Nubz could you give a real world example of what you are talking about.
An real world example of an insurance company that declared bankruptcy.

Do a quick google search so you can find a good one.
I'll wait for you.

You can trust a stupid marxist to get their facts wrong.

Fair enough Fasces.

Nubz, don't you get it? They don't file bankruptcy because they just refuse to pay up. How on earth could natural disaster victi- I mean, marxists, afford to make a lawsuit against them for breaking their contracts?

Executive Life Insurance Company comes up as a failed insurer. Admittedly they're underwriting financial instruments, but it's still people's money. Similar story to CDOs in the GFC. I suppose the buck goes to someone else, but it's not awfully reassuring for people who need help immediately.