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(Politico)   Failed presidential candidate Steve Forbes decries Washington's war on the free market, was apparently under a rock somewhere on October 3, 2008   (politico.com) divider line 30
    More: Stupid, free markets, trade organization, presidential candidate, price controls, crony capitalism, payment system, Wall Street reform  
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528 clicks; posted to Politics » on 07 Aug 2012 at 9:03 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-07 08:33:42 AM

Certainly a complex relationship between Obama and Wall Street. For better or worse, S&P 500 is up 73% since he took office.

- Nate Silver (@fivethirtyeight) August 7, 2012


Hell of a war.
 
2012-08-07 09:04:00 AM
Steve Forbes is a massive toolbox
 
2012-08-07 09:05:42 AM
Sure, but whatever happened to Lamar Alexander 2?
 
2012-08-07 09:06:28 AM
"use a convenient, secure and fast payment network, which has benefited both merchants and consumers."

And I quit reading right there....
 
2012-08-07 09:06:46 AM
greenobles.comyglesias.thinkprogress.org

The Turtle Wing of the Republican Party.
 
2012-08-07 09:07:54 AM
To be fair, that the time Washington declared war, Wall Street was controlled by tribal natives.

Don't know why Forbes is still upset about that, though.
 
2012-08-07 09:15:42 AM
Steve Forbes doens't know which corporate cock to suck next. its so complicated! he also bashes "politicians" and "government", yet big business is pure as the driven snow, they can do no wrong.

its a revolving door between government officials/politicians and the business sector. they're both one and the same. CEO one year, Legislator the next. big business owns the so called 'democratic' government of the USA. that's why its so farked up. the voter is just an afterthought.
 
2012-08-07 09:16:11 AM
Subby, you misspelled "Teve Torbes."
 
2012-08-07 09:17:57 AM

Linux_Yes: Steve Forbes doens't know which corporate cock to suck next. its so complicated! he also bashes "politicians" and "government", yet big business is pure as the driven snow, they can do no wrong.

its a revolving door between government officials/politicians and the business sector. they're both one and the same. CEO one year, Legislator the next. big business owns the so called 'democratic' government of the USA. that's why its so farked up. the voter is just an afterthought.



and big business folks are concerned about one thing and one thing only: profits and control of their industry. the Nation and what is best for it doesn't mean a damn thing. those turds know that they can afford to move/live in another country if things get too far gone here.
 
2012-08-07 09:20:39 AM
Is that when Bush abadoned the free market to save the free market?
 
2012-08-07 09:21:47 AM
How about instead of trying to help abstract concepts like "free markets" you try to actually help the American farking people for once.
 
2012-08-07 09:23:32 AM
fark off, Forbes. Market failures happen often enough, and they suck.

Also it's cool if you've figured out how to do something useful and make a profit in a market. Enjoy the fruits of what you've earned from brains and hard work, if that's what you've done, provided you clean up after yourself and don't screw anyone over.

But markets aren't there just to make a couple people rich.
 
2012-08-07 09:38:00 AM
Funny, he does not rail against FDIC backing the "free market".
 
2012-08-07 09:40:18 AM
If Washington (he probably meant Obama) is in a war with Wall St, then it looks like Washington is "losing"...

DOW in 01/20/2009: 7,949.09
DOW in 08/06/2012: 13,117.51
Rate of Return: 65.02%

S&P 500 in 01/20/2009: 805.22
S&P 500 in 08/06/2012: 1,394.23
Rate of Return: 73.15%

NASDAQ in 01/20/2009: 1,440.86
NASDAQ in 08/06/2012: 2,989.91
Rate of Return: 107.51%


I can't believe people like him see these numbers and still think it is not good enough... or that Obama is hurting the markets somehow...
 
2012-08-07 09:42:16 AM
Enjoy the fruits of what you've earned from brains and hard work what you inherited

There, that's better.
 
2012-08-07 09:43:14 AM

PonceAlyosha: How about instead of trying to help abstract concepts like "free markets" you try to actually help the American farking people for once.


Because the wealthy elite aren't interested in helping the American people... Only themselves.
 
2012-08-07 09:52:24 AM
Capitalisms Approval Rate Down to 11%

http://www.bbc.co.uk/pressoffice/pressreleases/stories/2009/11_novemb e r/09/poll.shtml

Nobodys buying your market fundamentalist disaster anymore wing nuts. The 80's are over.
 
2012-08-07 09:57:20 AM
If anyone knows about free its him. He inherited his fortune.
 
2012-08-07 10:03:22 AM
From what ive read in his magazine,i thought he was ALWAYS on a cruise.
 
2012-08-07 10:14:29 AM

PonceAlyosha: How about instead of trying to help abstract concepts like "free markets" you try to actually help the American farking people for once.


Cons are market fanatics. The market is their religion and their bizzarre extremist beliefs show just how strange the raygun form of conservatism is.

Remember raygun saying "it's the miracle of the market" ? That was a clear sign of their dysfunctional mindset.
 
2012-08-07 10:16:21 AM
If only those brave, noble capitalists of the 19th century could see how government regulation has strangled business, they'd be rolling over in their graves
 
2012-08-07 10:22:44 AM
I always liked Forbes' flat-tax plan. Unfortunately, it's about all he had going for him.
 
2012-08-07 10:29:37 AM
Wait, so we didn't let a oligopoly charge "whatever the market will bear", therefore there's a war on capitalism?
 
2012-08-07 10:56:17 AM

Cletus C.: I always liked Forbes' flat-tax plan. Unfortunately, it's about all he had going for him.


If you read his flat tax proposal as sci-fi fantasy then I guess I could see how you could like it.
 
2012-08-07 10:57:29 AM
After his SNL performance, I just can't hate the guy. No matter how much of a giant, bloated, cockgobbler he clearly is.

Steve Forbes: It's on page 42. The anonymous author writes on page 42: [ text appears on screen ] "The ladies loved Teve Torbes' brilliant tax plan. That and the fact that he had a musky Victor Mature-like scent. no. Teve Torbes was definitely not a geek with a crooked smile. He was a babe magnet. Did I mention hos much the ladies love me, I mean him?"

Ted Koppel: Senator, you certainly weren't treated very well by the author. On page 142, he writes: "I don't think Grenator Dole is handling the pressure very well." [ confused ] "Grenator"? I don't know why the author felt he had to disguise the word "Senator".. Anyway, he goes on to say: "Today, Dob Bole leaned over to me, and said, 'If family values means stealing the taxpayers' money and sniffing model glue, I'm way into family values!'"

Ted Koppel: Alright. On page 167, the author continues: "I was on Ched Choppel's show 'Pightline', when, during a commercial break, Ched confessed to me that he often engages in autoerotic asphyxiation." Now, that was unnecessary. And then it goes on to say: "It was on Ched's show that At Buchanan and Teve Torbes first agreed that Dob Bole should drop out. At said, 'Teve, what about Dob?' Then Dob motioned for At to come towards Steve.." [ text appears on screen ] .."Teve Torbes, At, Dob Bole, Uchanan, Ucotos, Ucomos, Ucant, Teve, At, Bole, Dat, Boba Fet, Toni Kukoc, Bee-Bo-Bo, Lamar Alexander 2." Gentlemen, reactions?
 
2012-08-07 10:59:24 AM

PonceAlyosha: How about instead of trying to help abstract concepts like "free markets" you try to actually help the American farking people for once.


B-b-b-b-b-b-but SOCIALISM!
 
2012-08-07 11:40:46 AM
You mean that moron who wanted to bankrupt the government with a regressive, insane tax plan?

Why would we listen to him?
 
2012-08-07 01:28:25 PM

Poopy MacPoop: Subby, you misspelled "Teve Torbes."


I just wanted to give this post some love.
 
2012-08-07 05:16:17 PM

Poopy MacPoop: Subby, you misspelled "Teve Torbes."


Came for this leaving satisfied.
 
2012-08-07 08:23:52 PM
Wall St. =/= Free Market

'08 Crash =/= Failure of free market

Bailouts =/= Saving the free market
 
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