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Davos elites to seek reforms of 'outdated' capitalism
AFP /Yahoo ^ | 1/22/2012 | Andre Lehmann

Posted on 01/22/2012 4:51:35 PM PST by driftdiver

Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as "outdated and crumbling."

"We have a general morality gap, we are over-leveraged, we have neglected to invest in the future, we have undermined social coherence, and we are in danger of completely losing the confidence of future generations," said Klaus Schwab, host and founder of the annual World Economic Forum.

"Solving problems in the context of outdated and crumbling models will only dig us deeper into the hole.

"We are in an era of profound change that urgently requires new ways of thinking instead of more business-as-usual," the 73-year-old said, adding that "capitalism in its current form, has no place in the world around us."

Some 1,600 economic and political leaders, including 40 heads of states and governments, will be asked to come up with new ideas as they converge at eastern Switzerland's chic ski station for the 42nd edition of the five-day World Economic Forum which opens Wednesday.

(Excerpt) Read more at uk.news.yahoo.com ...


TOPICS: Business/Economy; Government
KEYWORDS: corruption; davos; eu
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To: driftdiver
Davos...where annually the New World Order elites develop their progressive/sinister plans for(financial)world domination/destruction.

/tinfoil hat.

21 posted on 01/22/2012 5:28:35 PM PST by RckyRaCoCo (I prefer liberty with danger to peace with slavery, IXNAY THE TSA!...P.S. Why did FR ZOT Frantzie?)
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To: shalom aleichem

Newt: I AM a realpolitik Wilsonian...


22 posted on 01/22/2012 5:28:52 PM PST by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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To: driftdiver

Will NEVER support F1 again...


23 posted on 01/22/2012 5:31:15 PM PST by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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To: cripplecreek

Besides...Andy Griffith is a dyed in the wool Obamaist...


24 posted on 01/22/2012 5:35:36 PM PST by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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To: driftdiver
They don’t want the little people endangering their way of life.

That's the thing about the free market (a term I prefer to the word Marx coined "Capitalism"): it makes the fortunes of the established rich unstable. In the free market, there's always a chance that a Steve Jobs or Bill Gates will come along and change things around and make worthless their investments in obsolete technologies and ways of doing business.

25 posted on 01/22/2012 5:35:36 PM PST by PapaBear3625 (During times of universal deceit, telling the truth becomes a revolutionary act.)
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To: marron

and don’t forget Christian virtues help free markets, Honesty, Truthfulness, Diligence, and Gratefulness. We can see the results of loss of all virtue in the government, banking and wall street mess.


26 posted on 01/22/2012 5:38:15 PM PST by Rodm
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To: driftdiver

Davos solution = Even Bigger Government


27 posted on 01/22/2012 5:40:44 PM PST by Para-Ord.45
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To: driftdiver
I'm sure Obama will be all in for this nonsense. A clear message must be sent to the GOP not to let themselves get caught up in this BS.
28 posted on 01/22/2012 6:04:17 PM PST by Major Matt Mason (The Chicago Way isn't the American Way.)
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To: St_Thomas_Aquinas

Very well said!


29 posted on 01/22/2012 6:14:05 PM PST by SueRae (I can see November from my HOUSE!!!!!!!! 11.06.2012, the Tower of Sauron falls,)
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To: marron

Yep. If they REALLY want to fix the problem, they should get rid of all the “too big to fail” laws and regulations and let the marketplace work for once. Then they wouldn’t have to meet in Davos.


30 posted on 01/22/2012 6:19:40 PM PST by gotribe
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To: driftdiver

” Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as “outdated and crumbling.”

I believe the Bolsheviks have already tried that, back around 1917.


31 posted on 01/22/2012 6:23:09 PM PST by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: driftdiver

Is he the same guy “Bernie Ecclestone” whose 21 year old daughter just bought the Spelling mansion for 85 million dollars? Seems as if capitialism worked for his family


32 posted on 01/22/2012 6:29:52 PM PST by funfan (and his crew)
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To: driftdiver

“capitalism in its current form, has no place in the world around us.”

That is the biggest load of progressive commie bullshit ever issued from Davos.


33 posted on 01/22/2012 7:05:48 PM PST by FlyingEagle
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To: the invisib1e hand

That answer (Alex...I know wrong show)
Would be Door Number two
They are all the evil spawn of Satan

Speaking of that .. The Bill and Melinda “ don’t believe in G-D, but like have a better idea “ Gates idiots must have been there as well.

I mean REALLY... what are these meetings with out know it all Liberal Idiot Harvard students?

Course Bill was just a drop out, Bambi was a no show.

But what the heck, let’s genetically modify some mosquitos. So what if they morph into something else?

It’s Africa Darling... I mean REALLY!

Why in heaven’s name would THAT affect “US”?

Why , yes the bordeaux is lovely and the canapes are sublime.


34 posted on 01/22/2012 7:10:55 PM PST by acapesket
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To: driftdiver

How do you reform something that does not exist anywhere in the world? “Capitalism” is the word the ruling classes use to mean they don’t have enough power.


35 posted on 01/22/2012 7:17:23 PM PST by ModelBreaker
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To: driftdiver

I assume Slick Willy is in Davos hitting on liberal hippie chicks.


36 posted on 01/22/2012 7:52:28 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: driftdiver
Some 1,600 economic and political leaders, including 40 heads of states and governments, will be asked to come up with new ideas as they converge at eastern Switzerland's chic ski station for the 42nd edition of the five-day World Economic Forum which opens Wednesday.

That sounds like a huge carbon footprint. And where's the OWS crowd when you need them? These Davos elite are all one percenters.

37 posted on 01/22/2012 7:56:46 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: PapaBear3625

That’s the thing about the free market (a term I prefer to the word Marx coined “Capitalism”): it makes the fortunes of the established rich unstable.

That’s why the Romney, Goldman Sachs type of “capitalists” support government regulation over free markets.


38 posted on 01/22/2012 8:12:15 PM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: denydenydeny
"capitalism in its current form, has no place in the world around us."

What a bunch of malarkey! The D.C. Elites have gutted Capitalism in the U.S. and replaced it with pseudo-socialism and then claim Capitalism doesn't work.

Douglas Niles Adams said once: "They'll be first against the wall when the Revolution starts!"

I'm thinking its about time we designate a Wall and who goes first!

39 posted on 01/23/2012 5:10:50 AM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: acapesket

don’t mind the machine guns. why don’t they paint them in warm colors?


40 posted on 01/23/2012 3:13:42 PM PST by the invisib1e hand (religion + guns = liberty.)
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