<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Cynthia McKinney calls for nationalizing the Federal Reserve, eliminating derivatives trading</title>
	<atom:link href="http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/</link>
	<description>Covering America's third parties and independent candidates since May 2008</description>
	<lastBuildDate>Thu, 18 Mar 2010 22:22:26 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.1</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: BrianHoltz</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-17006</link>
		<dc:creator>BrianHoltz</dc:creator>
		<pubDate>Sun, 28 Sep 2008 17:41:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-17006</guid>
		<description>pseudonym n. a fictitious name used by an author to conceal his or her identity

In what universe does &quot;G.E.&quot; not conceal your identity as Jason Seagraves?

Did you think *I* was being sarcastic?  I was being precisely as sarcastic as you were.</description>
		<content:encoded><![CDATA[<p>pseudonym n. a fictitious name used by an author to conceal his or her identity</p>
<p>In what universe does &#8220;G.E.&#8221; not conceal your identity as Jason Seagraves?</p>
<p>Did you think *I* was being sarcastic?  I was being precisely as sarcastic as you were.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: G.E.</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16747</link>
		<dc:creator>G.E.</dc:creator>
		<pubDate>Sat, 27 Sep 2008 16:41:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16747</guid>
		<description>haha.. Brian: Did you think I was being sarcastic? I wasn&#039;t.

&quot;Behind a pseudonym&quot; -- it&#039;s a HANDLE not a pseudonym. Jesus. If I changed my handle to Jason Seagraves there would be more confusion than it&#039;s worth.

&quot;Heroic capitalist&quot; was the highest compliment I could pay!</description>
		<content:encoded><![CDATA[<p>haha.. Brian: Did you think I was being sarcastic? I wasn&#8217;t.</p>
<p>&#8220;Behind a pseudonym&#8221; &#8212; it&#8217;s a HANDLE not a pseudonym. Jesus. If I changed my handle to Jason Seagraves there would be more confusion than it&#8217;s worth.</p>
<p>&#8220;Heroic capitalist&#8221; was the highest compliment I could pay!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BrianHoltz</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16744</link>
		<dc:creator>BrianHoltz</dc:creator>
		<pubDate>Sat, 27 Sep 2008 16:38:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16744</guid>
		<description>I agree with Jason Seagraves -- the heroic anarchist who heroically calls me a &quot;heroic capitalist&quot; from behind a pseudonym -- that education should be completely privatized.  I also happen to agree with the anarchist David Friedman that vouchers would move us strongly in that direction.  See e.g. http://www.daviddfriedman.com/Libertarian/Public%20Schools/Public_Schools1.html.

I would have one primary condition for ending vouchers and leaving education completely privatized.  There would need to be a functioning legal mechanism to correct the market failure in which poor minors needing tuition are unable to make binding commitments to repay tuition loans out of the increased future earnings that we education advocates say would result from the tuition.  A possible alternative to this condition would be the correction of unjust site monopolization through something like a citizens&#039; dividend funded by the return of geo-rent from site monopolists such as through a site value tax.</description>
		<content:encoded><![CDATA[<p>I agree with Jason Seagraves &#8212; the heroic anarchist who heroically calls me a &#8220;heroic capitalist&#8221; from behind a pseudonym &#8212; that education should be completely privatized.  I also happen to agree with the anarchist David Friedman that vouchers would move us strongly in that direction.  See e.g. <a href="http://www.daviddfriedman.com/Libertarian/Public%20Schools/Public_Schools1.html" rel="nofollow">http://www.daviddfriedman.com/Libertarian/Public%20Schools/Public_Schools1.html</a>.</p>
<p>I would have one primary condition for ending vouchers and leaving education completely privatized.  There would need to be a functioning legal mechanism to correct the market failure in which poor minors needing tuition are unable to make binding commitments to repay tuition loans out of the increased future earnings that we education advocates say would result from the tuition.  A possible alternative to this condition would be the correction of unjust site monopolization through something like a citizens&#8217; dividend funded by the return of geo-rent from site monopolists such as through a site value tax.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thomas L. Knapp</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16702</link>
		<dc:creator>Thomas L. Knapp</dc:creator>
		<pubDate>Sat, 27 Sep 2008 11:45:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16702</guid>
		<description>GE,

You write:

&quot;Iâ€™ve already defined socialism as the state ownership of the means of production and distribution.&quot;

Then you&#039;ve already mis-defined it.

Socialism is &lt;em&gt;worker&lt;/em&gt; ownership of the means of production.

Some variants of socialist theory posit the necessity of a &quot;workers state&quot; as proxy for the exercise of said ownership. Others posit the impossibility of a state acting effectively as such a proxy.

The existence/role of the state is an optional and variable, not required and fixed, characteristic of socialism.</description>
		<content:encoded><![CDATA[<p>GE,</p>
<p>You write:</p>
<p>&#8220;Iâ€™ve already defined socialism as the state ownership of the means of production and distribution.&#8221;</p>
<p>Then you&#8217;ve already mis-defined it.</p>
<p>Socialism is <em>worker</em> ownership of the means of production.</p>
<p>Some variants of socialist theory posit the necessity of a &#8220;workers state&#8221; as proxy for the exercise of said ownership. Others posit the impossibility of a state acting effectively as such a proxy.</p>
<p>The existence/role of the state is an optional and variable, not required and fixed, characteristic of socialism.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: darolew</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16685</link>
		<dc:creator>darolew</dc:creator>
		<pubDate>Sat, 27 Sep 2008 05:28:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16685</guid>
		<description>It&#039;s funny, capitalists often argue that anything but &lt;i&gt;laissez-faire&lt;/i&gt; markets are socialism, while socialists argue that anything short of their ideal system is capitalism. The vast middle-ground is claimed by neither group, rarely celebrated as being any ideology in particular.

I think interventionism is a good name for the middle-ground. For the sake of clarity, it&#039;s dumb for capitalists to call interventionism &quot;socialism&quot; and it&#039;s dumb for socialists to call it &quot;capitalism&quot;.

The dividing line where interventionism becomes capitalism and where it becomes socialism is blurry. For the latter case, Mises suggested the lack of a stock market, which is as good as a divider as any.

(Theories like mutualism and anarcho-socialism can be safely ignored, as without a &lt;i&gt;de facto&lt;/i&gt; government to enforce socialism it would be impossible to maintain. Those ideologies either devolve into statism or become capitalism.)

Thus, I think it&#039;s safe to say there is a definite spectrum, running from socialism through interventionism to capitalism.</description>
		<content:encoded><![CDATA[<p>It&#8217;s funny, capitalists often argue that anything but <i>laissez-faire</i> markets are socialism, while socialists argue that anything short of their ideal system is capitalism. The vast middle-ground is claimed by neither group, rarely celebrated as being any ideology in particular.</p>
<p>I think interventionism is a good name for the middle-ground. For the sake of clarity, it&#8217;s dumb for capitalists to call interventionism &#8220;socialism&#8221; and it&#8217;s dumb for socialists to call it &#8220;capitalism&#8221;.</p>
<p>The dividing line where interventionism becomes capitalism and where it becomes socialism is blurry. For the latter case, Mises suggested the lack of a stock market, which is as good as a divider as any.</p>
<p>(Theories like mutualism and anarcho-socialism can be safely ignored, as without a <i>de facto</i> government to enforce socialism it would be impossible to maintain. Those ideologies either devolve into statism or become capitalism.)</p>
<p>Thus, I think it&#8217;s safe to say there is a definite spectrum, running from socialism through interventionism to capitalism.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: G.E.</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16678</link>
		<dc:creator>G.E.</dc:creator>
		<pubDate>Sat, 27 Sep 2008 04:45:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16678</guid>
		<description>Tom is in a really bad mood.

I&#039;ve already defined socialism as the state ownership of the means of production and distribution. You can make up your own definition if you&#039;d like, but you can&#039;t compel the rest of the world to accept it. What is your problem with that, by the way?</description>
		<content:encoded><![CDATA[<p>Tom is in a really bad mood.</p>
<p>I&#8217;ve already defined socialism as the state ownership of the means of production and distribution. You can make up your own definition if you&#8217;d like, but you can&#8217;t compel the rest of the world to accept it. What is your problem with that, by the way?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thomas L. Knapp</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16676</link>
		<dc:creator>Thomas L. Knapp</dc:creator>
		<pubDate>Sat, 27 Sep 2008 04:11:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16676</guid>
		<description>GE,

When and if you manage to even noddingly acquaint yourself with what socialism means, I&#039;ll be glad to discuss with you whether or not it&#039;s &quot;that bad.&quot;</description>
		<content:encoded><![CDATA[<p>GE,</p>
<p>When and if you manage to even noddingly acquaint yourself with what socialism means, I&#8217;ll be glad to discuss with you whether or not it&#8217;s &#8220;that bad.&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: G.E.</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16664</link>
		<dc:creator>G.E.</dc:creator>
		<pubDate>Sat, 27 Sep 2008 01:10:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16664</guid>
		<description>&lt;blockquote&gt;We pay tens of thousands of dollars of property taxes that mostly go to our school district, and that pays for â€œfreeâ€ admission at our choice of exactly two government elementary schools&lt;/blockquote&gt;

This is why I don&#039;t understand why you favor vouchers.

From what I understand, Brian Holtz is a heroic capitalist who used his talents to accumulate wealth for the material betterment of himself and his family. Now he has a gun put to his head and is made to cough up vast sums of property taxes in order to fund the socialist propaganda mills known as public schools. The vouchers he would receive would clearly be for less than the amount that is stolen from him.

Brian, why can&#039;t you come out in favor of complete privatization? I&#039;m sure that you&#039;d be willing to donate money to good &quot;public&quot; (i.e. free to the public) schools. I think many people of even greater wealth would be more willing.</description>
		<content:encoded><![CDATA[<blockquote><p>We pay tens of thousands of dollars of property taxes that mostly go to our school district, and that pays for â€œfreeâ€ admission at our choice of exactly two government elementary schools</p></blockquote>
<p>This is why I don&#8217;t understand why you favor vouchers.</p>
<p>From what I understand, Brian Holtz is a heroic capitalist who used his talents to accumulate wealth for the material betterment of himself and his family. Now he has a gun put to his head and is made to cough up vast sums of property taxes in order to fund the socialist propaganda mills known as public schools. The vouchers he would receive would clearly be for less than the amount that is stolen from him.</p>
<p>Brian, why can&#8217;t you come out in favor of complete privatization? I&#8217;m sure that you&#8217;d be willing to donate money to good &#8220;public&#8221; (i.e. free to the public) schools. I think many people of even greater wealth would be more willing.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BrianHoltz</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16648</link>
		<dc:creator>BrianHoltz</dc:creator>
		<pubDate>Sat, 27 Sep 2008 00:07:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16648</guid>
		<description>What G.E. said.</description>
		<content:encoded><![CDATA[<p>What G.E. said.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: G.E.</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16646</link>
		<dc:creator>G.E.</dc:creator>
		<pubDate>Fri, 26 Sep 2008 23:58:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16646</guid>
		<description>Knapp spends way too much time trying to make the case that he&#039;s a man of the left, or that socialism isn&#039;t that bad.

No. Socialism is evil. And the greater extent to which something is socialized, the greater extent that it&#039;s evil.

As for &quot;nuttery&quot;: It&#039;s a fact that no nation (with perhaps the exception of North Korea) is entirely socialized -- meaning that the state owns the means of production and distribution. And no &quot;state&quot; is completely free (which would be a non-state). So the continuum is obviously true, even if it doesn&#039;t fit with Knapp&#039;s &quot;socialists are cool&quot; fantasy.</description>
		<content:encoded><![CDATA[<p>Knapp spends way too much time trying to make the case that he&#8217;s a man of the left, or that socialism isn&#8217;t that bad.</p>
<p>No. Socialism is evil. And the greater extent to which something is socialized, the greater extent that it&#8217;s evil.</p>
<p>As for &#8220;nuttery&#8221;: It&#8217;s a fact that no nation (with perhaps the exception of North Korea) is entirely socialized &#8212; meaning that the state owns the means of production and distribution. And no &#8220;state&#8221; is completely free (which would be a non-state). So the continuum is obviously true, even if it doesn&#8217;t fit with Knapp&#8217;s &#8220;socialists are cool&#8221; fantasy.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Catholic Trotskyist</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16645</link>
		<dc:creator>Catholic Trotskyist</dc:creator>
		<pubDate>Fri, 26 Sep 2008 23:57:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16645</guid>
		<description>The Catholic Trotskyist Party of America endorses McKinney&#039;s proposals, and will help her lobby President Obama and the Congress to adopt this proposal next year.</description>
		<content:encoded><![CDATA[<p>The Catholic Trotskyist Party of America endorses McKinney&#8217;s proposals, and will help her lobby President Obama and the Congress to adopt this proposal next year.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BrianHoltz</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16637</link>
		<dc:creator>BrianHoltz</dc:creator>
		<pubDate>Fri, 26 Sep 2008 23:37:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16637</guid>
		<description>Cynthia McKinney, freedom fighter.

Mises is quoted as defining socialism as &quot;a completely integrated system which regulates all prices, wages, and interest rates, and which thus places full control of production and consumption in the hands of the authorities&quot;.  So I guess as long as my daughter is allowed to run her unregulated lemonade stand, we&#039;re not yet at socialism.

Sorry, Ludwig, wrong answer. Firms, industries, and economies can each be socialized to various degrees. Mises apparently applied the term &quot;interventionism&quot; to situations which fell short of his definition of socialism.

We pay tens of thousands of dollars of property taxes that mostly go to our school district, and that pays for &quot;free&quot; admission at our choice of exactly two government elementary schools (because of a transition phase as the nearer school starts up).  That&#039;s not intervention, that&#039;s socialized elementary education.</description>
		<content:encoded><![CDATA[<p>Cynthia McKinney, freedom fighter.</p>
<p>Mises is quoted as defining socialism as &#8220;a completely integrated system which regulates all prices, wages, and interest rates, and which thus places full control of production and consumption in the hands of the authorities&#8221;.  So I guess as long as my daughter is allowed to run her unregulated lemonade stand, we&#8217;re not yet at socialism.</p>
<p>Sorry, Ludwig, wrong answer. Firms, industries, and economies can each be socialized to various degrees. Mises apparently applied the term &#8220;interventionism&#8221; to situations which fell short of his definition of socialism.</p>
<p>We pay tens of thousands of dollars of property taxes that mostly go to our school district, and that pays for &#8220;free&#8221; admission at our choice of exactly two government elementary schools (because of a transition phase as the nearer school starts up).  That&#8217;s not intervention, that&#8217;s socialized elementary education.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thomas L. Knapp</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16636</link>
		<dc:creator>Thomas L. Knapp</dc:creator>
		<pubDate>Fri, 26 Sep 2008 23:31:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16636</guid>
		<description>Fred,

That&#039;s possible. The definition I quoted was from the preface to Mises&#039;s &lt;em&gt;Socialism&lt;/em&gt;.</description>
		<content:encoded><![CDATA[<p>Fred,</p>
<p>That&#8217;s possible. The definition I quoted was from the preface to Mises&#8217;s <em>Socialism</em>.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Fred Church Ortiz</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16634</link>
		<dc:creator>Fred Church Ortiz</dc:creator>
		<pubDate>Fri, 26 Sep 2008 23:21:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16634</guid>
		<description>It seems Mises might be using the term &quot;capitalism&quot; distinctly from &quot;free market&quot;, I&#039;ve seen that before but don&#039;t remember where...</description>
		<content:encoded><![CDATA[<p>It seems Mises might be using the term &#8220;capitalism&#8221; distinctly from &#8220;free market&#8221;, I&#8217;ve seen that before but don&#8217;t remember where&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Fred Church Ortiz</title>
		<link>http://www.independentpoliticalreport.com/2008/09/cynthia-mckinney-calls-for-nationalizing-the-federal-reserve-eliminating-derivatives-trading/comment-page-1/#comment-16633</link>
		<dc:creator>Fred Church Ortiz</dc:creator>
		<pubDate>Fri, 26 Sep 2008 23:18:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.independentpoliticalreport.com/?p=2821#comment-16633</guid>
		<description>The Mises quote GE mentions was on LRC yesterday, and kinda apocryphal:

http://www.lewrockwell.com/blog/lewrw/archives/023082.html

&lt;blockquote&gt;I can&#039;t recall where the story comes from, but Ludwig von Mises was reportedly asked once how to distinguish between a capitalist and a socialist economy in light of the fact that there is so much interventionism in &quot;capitalist&quot; economies. His answer was that the defining characteristic of capitalism was private capital markets.&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>The Mises quote GE mentions was on LRC yesterday, and kinda apocryphal:</p>
<p><a href="http://www.lewrockwell.com/blog/lewrw/archives/023082.html" rel="nofollow">http://www.lewrockwell.com/blog/lewrw/archives/023082.html</a></p>
<blockquote><p>I can&#8217;t recall where the story comes from, but Ludwig von Mises was reportedly asked once how to distinguish between a capitalist and a socialist economy in light of the fact that there is so much interventionism in &#8220;capitalist&#8221; economies. His answer was that the defining characteristic of capitalism was private capital markets.</p></blockquote>
]]></content:encoded>
	</item>
</channel>
</rss>
