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Title: To the dumbasses here who think Alaska is "socialist"
Source: [None]
URL Source: [None]
Published: Feb 23, 2011
Author: note to site dumbasses
Post Date: 2011-02-23 18:00:01 by no gnu taxes
Keywords: None
Views: 64291
Comments: 99

Socialism (and Communism) is the government taking from one person and giving it to another.

Alaska is merely taking revenues derived from people owned resources and distributing it back to the people with the government having no say in who gets what; it's distributed equally without regard to so called "need."

The oil is not State owned. It is people owned. They are simply giving the residents back the money that the oil companies paid to drill on their lands. Being a resident means they own a piece of that land so if money is made off of it they should have a right to it.

I know you fucking moron socialists who think everything is State owned won't get this, but screw you anyway.

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Begin Trace Mode for Comment # 26.

#3. To: All (#0)

Rattberg's too stupid to understand that the People owning the resources IS Socialism.

war  posted on  2011-02-23   18:09:15 ET  Reply   Untrace   Trace   Private Reply  


#5. To: war, All (#3)

Rattberg's too stupid to understand that the People owning the resources IS Socialism.

Are stockholders socialism, retarded dwarf?

Ibluafartsky  posted on  2011-02-23   18:11:22 ET  Reply   Untrace   Trace   Private Reply  


#8. To: Ibluafartsky (#5)

Are stockholders socialism

Stockholders don't own resources, they own stock. They own shares in a public or private corporation.

Stockholders own the stock, but not the corporation itself, not the corporations profit, and they are not investors, as in the contributors of capital. And they don't own the resources a corporation uses to manufacture a product.

We The People  posted on  2011-02-23   18:34:04 ET  Reply   Untrace   Trace   Private Reply  


#12. To: We The People (#8)

Stockholders own the stock, but not the corporation itself

If stockholders don't own a corporation, then who does. After all, isn't stock nothing more than a share of ownership in a company?

no gnu taxes  posted on  2011-02-23   18:45:59 ET  Reply   Untrace   Trace   Private Reply  


#14. To: no gnu taxes (#12)

If stockholders don't own a corporation, then who does. After all, isn't stock nothing more than a share of ownership in a company?

Not really.

Shareholders in the primary market who buy IPOs provide capital to corporations; however, the vast majority of shareholders are in the secondary market and provide no capital directly to the corporation.

Therefore, contrary to popular opinion, shareholders of American public corporations are NOT the (1) owners of the corporation, (2) the claimants of the profit, or (3) investors, as in the contributors of capital.

http://en.wikipedia.org/wiki/Shareholder

We The People  posted on  2011-02-23   18:51:20 ET  Reply   Untrace   Trace   Private Reply  


#20. To: We The People (#14)

Rattberg is too stupid to understand why stockholders are also called "shareholders" and that their shares can be declared worthless while the corporation continues.

war  posted on  2011-02-23   19:14:12 ET  Reply   Untrace   Trace   Private Reply  


#26. To: war (#20) (Edited)

Rattberg is too stupid to understand why stockholders are also called "shareholders" and that their shares can be declared worthless while the corporation continues.

Since by it's very definition government is a socialist entity, I didn't realize that Alaska had incorporated. It has now has the best of both worlds: the ability to redistribute wealth (dividends) to it's citizens (shareholders) and the power to put it's own 'shareholders' in jail.

Rek  posted on  2011-02-23   19:54:00 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 26.

#28. To: Rek (#26)

IN the late 60's, Alaska had to amend its constitution to create a "Permafund" into which the 25% [I think] royalty fees get deposited.

When the original pipeline deal was struck in 68, some in bed with Big Oil asshole found a loophole that ended up punting almost all of the ~1bln "royalty" that the "people" were supposed to get up front back to the oil companies.

war  posted on  2011-02-23 20:12:48 ET  Reply   Untrace   Trace   Private Reply  


#29. To: Rek (#26)

...and the power to put it's own 'shareholders' in jail.

Monti de Pasci Bank in Spain was empowered to execute depositers which habitually violate its rules.

war  posted on  2011-02-23 20:14:31 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 26.

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