Why Islam says "0% interest rate"?

[SKYHIGH]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky

[Spiky]

what in the hell are you talking abt?

[jalpari_070]

what in the hell are you talking abt?

what he said.

[ilikecheese]

ugly and stupid :|

[RacingSoul]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky

http://data1.blog.de/blog/w/wulfweard/img/huh.jpg

[ProxDJ]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky

With all due respect, I think you have a huge misonception about the economy. I dont blame you because, it takes time and effort understand everything works.

Interest rate doesnt necessarily go up because inflation is on the rise. In addition, if the interest rate goes up, the stock market doesnt plunge. Over the last 3 years, feds raised the interest rates more than 10 times... three weeks ago, the stock market hit 12,000 for the first time in american history.

Lot of things are involved that can affect the stock market and the economy. Interest rate is something that can affect the economy either way.

[razr]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky

wats the point of this thread dude...cos i didnt understand ne of that mumbo jumbo :sarb:

[numba1fob]

well dude some of things that were taught in islam were because of the way things worked back than and some of that is not possible in todays world.

[dandiwal_jatt]

i don't think P. Muhammad took inflation into account

[KaShMiRi_ThUg]

I got too many credit cards, and interest is a muthafuka!
£25 for a late charge fee, nah man i'm a student, what a fukin con

[tinomack]

I got too many credit cards, and interest is a muthafuka!
£25 for a late charge fee, nah man i'm a student, what a fukin con

But you are a thug so I'm sure you will get the money

everyday you hustlin'

[Unloved_lover]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky


wooooooooow thank u :)

[SKYHIGH]

OK guys thank you very much for your responses, I really enjoy them a lot.
The issue here is, why interest rate is controlling our life. What social and economical problem arises when we accept the declaration of interest rate.
Why interest rate is controlling economy. Why not, we can survive without it. I am asking whyyyyyyyy modern economy paralyzed by interest rate. You take the interest rate out from capitalism then you will see it is nothing.
The discussion is not here about how interest rate affects stock exchange, money market, forex rate, bound rate, acceleration of money supply, you can find out lot of books on them.
Let the economy run by real forces supply and demand, why interest rate intervention are here. We don't won't it we believe on real free market so market should be free from interest rate. I need your thought here.
Rgds and make this discussion positive.

Sky

[TechPhunk]

OK guys thank you very much for your responses, I really enjoy them a lot.
The issue here is, why interest rate is controlling our life. What social and economical problem arises when we accept the declaration of interest rate.
Why interest rate is controlling economy. Why not, we can survive without it. I am asking whyyyyyyyy modern economy paralyzed by interest rate. You take the interest rate out from capitalism then you will see it is nothing.
The discussion is not here about how interest rate affects stock exchange, money market, forex rate, bound rate, acceleration of money supply, you can find out lot of books on them.
Let the economy run by real forces supply and demand, why interest rate intervention are here. We don't won't it we believe on real free market so market should be free from interest rate. I need your thought here.
Rgds and make this discussion positive.

Sky

Interest rates control us because we're a 'credit' dependent society. It's as simple as that. The fed helps the banks out and the credit card companies out with the money to allow us to have credit. And 0% interest is only a scam that people don't understand. The companies know that people make late payments and so they purposely add some inconveniet 'penalty' that no one really cares to acknowledge, which can usually be upwards of 30-40%.

If this doesn't sound correct to anyone, please do correct me as I'm not exactly an econ major.

[Killa7]

Its a Jew tool. To make Jews rich. It ain't fucking rocket science.

[Killa7]

IIslamic Banks offer 0% interest and no penalty. However you also don't gain interest on the money you already have. As this is like accepting usury. If Islamic banks offer 0% interest its harder for the rich to get richer from the poor, this way the money is distributed equally. So if a rich person adds billions of dollars into his bank. IN Zakat 2.5% levy on most valuables and savings held for a full lunar (http://en.wikipedia.org/wiki/Lunar) year of his wealth the bank takes out as Zakat I think it is, and gives that to the poor (http://en.wikipedia.org/wiki/Poverty) or needy (http://en.wikipedia.org/wiki/Need), including people whose hearts need to be reconciled, slaves (http://en.wikipedia.org/wiki/Slavery), those in "debt," those in the way of God (http://en.wikipedia.org/wiki/Allah), and the travelers in the society.. So rather then interest you're paying Zakat and elevating poverty rather then creating poverty.

Its a good concept in theory, if everyone in the world did this, then there would be no poverty.

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

Zakât is distributed among 8 categories of people:


Faqir (http://en.wikipedia.org/wiki/Faqir) - One who has neither material possessions nor means of livelihood.
Miskin (http://en.wikipedia.org/wiki/Miskin) - One with insufficient means of livelihood to meet basic needs.
Amil (http://en.wikipedia.org/w/index.php?title=Amil_%28Islamic_term%29&action=edit) - Workers associated with the collection and distribution of Zakat.
Muallafathul Quloob (http://en.wikipedia.org/w/index.php?title=Muallafathul_Quloob&action=edit) - One who converts to Islam. Literally those whose hearts are softened.
Riqab (http://en.wikipedia.org/w/index.php?title=Riqab&action=edit) - One who wants to free himself from bondage or the shackles of slavery.
Gharmin (http://en.wikipedia.org/w/index.php?title=Gharmin&action=edit) - One who is in debt (money borrowed to meet basic, halal (http://en.wikipedia.org/wiki/Halal) expenditure).
Fisabillillah (http://en.wikipedia.org/w/index.php?title=Fisabillillah&action=edit) - Literal meaning 'In the way of God', but it is used for Jihad (http://en.wikipedia.org/wiki/Jihad).
Ibnus Sabil (http://en.wikipedia.org/w/index.php?title=Ibnus_Sabil&action=edit) - One who is stranded in journey.

[Killa7]

Check out: http://en.wikipedia.org/wiki/Islamic_banking

[Killa7]

Islamic banks also gives you gifts:

In Wadiah, a bank is deemed as a keeper and trustee of funds. A person deposits funds in the bank and the bank guarantees refund of the entire amount of the deposit, or any part of the outstanding amount, when the depositor demands it. The depositor, at the bank's discretion, may be rewarded with a 'hibah' (gift) as a form of appreciation for the use of funds by the bank. In this case, the bank compensates depositors for the time-value of their money (i.e. pays interest) but refers to it as a "gift" because it does not officially guarantee payment of the gift.

Qardul Hassan (Benevolent Loan)
This is a loan extended on a goodwill basis, and the debtor is only required to repay the amount borrowed. However, the debtor may, at his or her discretion, pay an extra amount beyond the principal amount of the loan (without promising it) as a token of appreciation to the creditor. In the case that the debtor does not pay an extra amount to the creditor, this transaction is a true interest-free loan. Some Muslims consider this to be the only type of loan that does not violate the prohibition on riba, since it is the one type of loan that truly does not compensate the creditor for the time value of money

[SKYHIGH]

Other systems do have good social welfare too.
Zakat is the only tax in Islam... No other tax.
No tax on productivity. No tax on income. Zakat is wealth tax only. It is not tax on salary.
No tax on minimum wage worker. Only Tax on wealthy ppl, and it is not force tax mean withholding tax. Like cutting directly from your wage or salary.
You have to pay it yourself... with the sense of accountability. You will pay needy directly the way even the other hand doesnt know what you paid to them (needy).
It is all between you and him/her no body else knows who much you give.
It protects the pride of poor and it increases the relationship in between society, wealthy and poor.
On the other hand modern economy is full of withholding taxes and interest rates, and there are lot of penalties too. Late charges, high percentage on bad credit. What i believe bad credit holder should have more chances to get money... because he/she is the needy (according to true social welfare system) but what happen bad credit holder can not get even penny from any one.
The most important think is stomach, if it is filled then the person will start thinking about anything else. Mean, if stomach is empty then bad ppl can use those poor ppl for their interest using religion name.
So what I m saying can these all problems be solved based on today's modern economy...
I need solid reasoning here, which can prove today's modern economy can solve these social and economic issues (poverty, drought, relationships, social welfare, etc...list is very big).
Rgds and make this discussion positive..
Sky.


Islamic Banks offer 0% interest and no penalty. However you also don't gain interest on the money you already have. As this is like accepting usury. If Islamic banks offer 0% interest its harder for the rich to get richer from the poor, this way the money is distributed equally. So if a rich person adds billions of dollars into his bank. IN Zakat 2.5% levy on most valuables and savings held for a full lunar (http://en.wikipedia.org/wiki/Lunar) year of his wealth the bank takes out as Zakat I think it is, and gives that to the poor (http://en.wikipedia.org/wiki/Poverty) or needy (http://en.wikipedia.org/wiki/Need), including people whose hearts need to be reconciled, slaves (http://en.wikipedia.org/wiki/Slavery), those in "debt," those in the way of God (http://en.wikipedia.org/wiki/Allah), and the travelers in the society.. So rather then interest you're paying Zakat and elevating poverty rather then creating poverty.

Its a good concept in theory, if everyone in the world did this, then there would be no poverty.

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

Zakât is distributed among 8 categories of people:


Faqir (http://en.wikipedia.org/wiki/Faqir) - One who has neither material possessions nor means of livelihood.
Miskin (http://en.wikipedia.org/wiki/Miskin) - One with insufficient means of livelihood to meet basic needs.
Amil (http://en.wikipedia.org/w/index.php?title=Amil_%28Islamic_term%29&action=edit) - Workers associated with the collection and distribution of Zakat.
Muallafathul Quloob (http://en.wikipedia.org/w/index.php?title=Muallafathul_Quloob&action=edit) - One who converts to Islam. Literally those whose hearts are softened.
Riqab (http://en.wikipedia.org/w/index.php?title=Riqab&action=edit) - One who wants to free himself from bondage or the shackles of slavery.
Gharmin (http://en.wikipedia.org/w/index.php?title=Gharmin&action=edit) - One who is in debt (money borrowed to meet basic, halal (http://en.wikipedia.org/wiki/Halal) expenditure).
Fisabillillah (http://en.wikipedia.org/w/index.php?title=Fisabillillah&action=edit) - Literal meaning 'In the way of God', but it is used for Jihad (http://en.wikipedia.org/wiki/Jihad).
Ibnus Sabil (http://en.wikipedia.org/w/index.php?title=Ibnus_Sabil&action=edit) - One who is stranded in journey.

[bigkid]

Jesus would be proud of Islam, normal dumb ppl think he was down with the jews, those fuckin jews deserve to die for all the shyt they start

[BigPimpN]

But you are a thug so I'm sure you will get the money

everyday you hustlin'


lol

[XxXanamikaXxX]

ugly and stupid :|

:rofl: :no:

[pakstreetboy]

Why Does Ur Mom Say " Stop Suckin Ma Dick" Lol

[21cent]

stfu govinda looking

[desi_playa]

stfu govinda looking


:rofl:

[TH3DON]

i don't think P. Muhammad took inflation into account

asshole u shud watch wat u say especially when u got pics up 2, bitch

[I_uLLu]

Yes in Islam interest is haram. The reason for these small itty bitty things is because the smallest things make a difference in creating a peaceful world. Interest is making money off of nothing. If you lend someone 200 bucks, ask for 200 in return. Hard isn't it? Why because it would be a good thing to do? Or because you could make more in return for helping someone out. These are just small things..

[paulie walnuts]

because nobody taught the prophet about opportunity cost and default risk.

financial markets have evolved dramatically since the 6th century. there's a lot more to interest rates than some hook-nosed loan shark raping a poor farmer.

[nex_man]

You guys might find this interestin;


Islamic Economics
http://www.usc.edu/dept/MSA/economics/islamic_banking.html




Peace.

[Sebastian24]

OK guys thank you very much for your responses, I really enjoy them a lot.
The issue here is, why interest rate is controlling our life. What social and economical problem arises when we accept the declaration of interest rate.
Why interest rate is controlling economy. Why not, we can survive without it. I am asking whyyyyyyyy modern economy paralyzed by interest rate. You take the interest rate out from capitalism then you will see it is nothing.
The discussion is not here about how interest rate affects stock exchange, money market, forex rate, bound rate, acceleration of money supply, you can find out lot of books on them.
Let the economy run by real forces supply and demand, why interest rate intervention are here. We don't won't it we believe on real free market so market should be free from interest rate. I need your thought here.
Rgds and make this discussion positive.

Sky

OK first of all, if there were no cost of borrowing, what would stop people from leveraging everything through borrowing ? what incentive do people lending have when they get nothing in return. You honestly believe that without interest rates the world would be better as a whole? That argument is so flawed. Theres a little thing called default RISK - the opportunity of loss.. and who bears that risk? the one fronting the cash in the first place. Theres also a thing called opportunity cost, if you don't understand this concept then you should probably wikipedia the term structure of interest rates, risk, and return to understand these basic fundamental concepts of finance.

[bad_cheque]

I don't know what crap you are talking about but interest is considered taboo in Islam and Christianity (and perhaps Judaism though I don't know about this)

[jumpn jza]

It's impossible for one country to adopt a zero interest policy in a world of interest rates because such a country would always come to a disadvantage...zero interest is a system that would have been possible in the past where societies where more isolated and it works in the sense that it prevents social inequality at the economic level...

[TheDude]

It's impossible for one country to adopt a zero interest policy in a world of interest rates because such a country would always come to a disadvantage...zero interest is a system that would have been possible in the past where societies where more isolated and it works in the sense that it prevents social inequality at the economic level...

that's why you charge 30% service fee and call it islamic.

[jumpn jza]

that's why you charge 30% service fee and call it islamic.

lol...the cunts in saudi arabia are hardly islamic...they charge interest on non-muslims...fucking racists

someone please behead the king of saudi

[TheDude]

lol...the cunts in saudi arabia are hardly islamic...they charge interest on non-muslims...fucking racists

someone please behead the king of saudi

haraam :hsnono:

[jumpn jza]

islam is cool :mrhappy:...it's a real prison religion...

[reaz]

lol...the cunts in saudi arabia are hardly islamic...they charge interest on non-muslims...fucking racists

someone please behead the king of saudi

it's fucked up honestly. they charge a 7-8% interest rate on non muslims and as theDude said a huge one time service fee for muslims.. talk about making muslims look stupid.

[jumpn jza]

it's fucked up honestly. they charge a 7-8% interest rate on non muslims and as theDude said a huge one time service fee for non muslims.. talk about making muslims look stupid.

exactly...if saudi arabia is islamic, then the earth must be flat...

[blazeonthehaze]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky
i really have no idea why "Allah" has anything to do with finances.. or why interest rates can be tied to religion so closely..

interest rates it what makes the financial world go round..

[Cunard]

"interest" in Islam banking is also collected...they just dont call it interest :lol:

[babysmooth]

dhaliwal jatt ur one sad mofo

n bout the paki who wants his dick sucked..do it on another topic..u e-lulli begger

k sleep time :)

[KhanNoonienSingh]

OK first of all, if there were no cost of borrowing, what would stop people from leveraging everything through borrowing ? what incentive do people lending have when they get nothing in return. You honestly believe that without interest rates the world would be better as a whole? That argument is so flawed. Theres a little thing called default RISK - the opportunity of loss.. and who bears that risk? the one fronting the cash in the first place. Theres also a thing called opportunity cost, if you don't understand this concept then you should probably wikipedia the term structure of interest rates, risk, and return to understand these basic fundamental concepts of finance.How does bringing up random economic terms have anything to do with his question? I'm sure economics is interesting as hell, but the principles behind interest don't involve all of it.

As for what would stop people from leveraging everything through borrowing? THE LENDERS. What incentive do lenders have to lend? What do you care? Are you a bank? (See following)

To that guy, a n00b answer from a n00b at economics (though his post was from last year):

First of all, http://en.wikipedia.org/wiki/Islamic_Banking. There's no reason to be asking people on this site about anything relating to econmics or Islam. It's a rating site.

But here's how I interpret the Islamic view on interest using common sense.

It's a common misconception (or tactic) to assume that since Islam outlaws interest, that Islam argues that interest is not technically feasible. Wrong, interest can probably be made to work very well and in any manner of ways which could alter wealth distribution for whatever ends you want. It's just that in a free market atmosphere, it almost always winds up being how it is now.

Instead of interest, the Islamic interpretation of economics centers around profit-sharing. In a society with capitalist principles, if a person goes to the bank to get a loan for whatever venture, the bank charges interest and is guaranteed profit regardless of whether the venture results in profit or loss. The lender is guaranteed profit. Now if the venture's successful, and he makes a certain % profit, he'll pay interest on that to the bank. If he had 50% profit, lets say he winds up keeping 35% and 15% goes to the bank. Except... that profit was gained on public money. And 35% of it went into that guy's pocket, and of the 15% that went to the bank, lets say they keep 5% so only 10% goes back to the people whose money this was all done with. People might be satisfied with the 10% return on their deposits but they're not realizing how much was really made with their money. Back on the other end, the guy who kept 35% of the profit will probably add to the cost of his product to compensate for giving 15% to the bank. So that 10% return the people get doesn't count for much since the prices of everything in the economy get ratcheted up for profit. Any serious risk of loss is compensated for by insurance companies who are also using the money of their policy holders. So the lender is guaranteed profit and the business is essentially guaranteed profit. The common people have no say in this. It's not like eBay where you can choose not to give $45 for a $30 blowdryer or something, or you can choose how much over $30 you're willing to go.

Then it's spread around so that in a healthy economy, everybody is doing this to everyone else to kind of mask the trend of wealth movement. But if you want to know where all the wealth has gone, just look around (since we're in a global economy). A very tiny % of the world's population has a very large % of the world's wealth. And mostly in a certain area (where modern Western capitalism arose). And again, a person on the street in papua new guinea has no say over being involved in the economy of the united states. Not that globalization or economics itself is bad, because a lot of this are just natural laws that play out this way when manipulated at the root by a certain civilization's principles.

Islam mostly keeps the principles of capitalism, free markets and all that intact. Except it allows the Islamic government to wield greater power if necessary. The Islamic system of economics is different from a purely capitalist also in that the economy is not the #1 concern of an Islamic society. It's not even considered a primary concern. Basic human needs are.

Anyway, capitalism guided on Islamic principles would be as follows in the above scenario: The lender and the business decide to split the 50% profit equally for instance (up to the two, however they split it), so 25% goes to the business, 25% to the bank... which then gives the 25% to the public. How does the bank make profit? Through all the other fees. Who cares anyhow (since most people would argue 'OMG WHAT ABOUT TEH BANKZZ!1!!'), you're not a banker. You'd most likely either be the business or the public depositor. I know shit all about banking/economics, so I have no idea how banks make money as is so I can't really answer that, ask someone who owns a bank and they could probably come up with a few ideas. See that wiki article on Islamic banking for all else it says.

And like I said, you could even rig an interest system to follow this same path of wealth distribution, so Islam isn't saying interest is technically unfeasible or not profitable or whatever. It's just saying not to use it (because clearly it doesn't mix well with a free capitalist foundation for an economy).

In today's world, an Islamic economy would be encapsulated within the Islamic state, which would then have to interact with the rest of the world on their basis (because it would likely be inheriting tons of debt, due in no small part to interest, and consolidating all the interest-related debt of its constituents). It can then come to whatever agreement necessary to get rid of that debt eventually, and then can halt all future transactions based on interest and pursue an appropriate trade policy to reflect those principles. I don't see this as a huge deal because if this were to ever happen, if things were to ever get to the point where a government existed that could and would have to do this, it'd probably already be in the middle of World War 3.

[KhanNoonienSingh]

In today's world, an Islamic economy would be encapsulated within the Islamic state, which would then have to interact with the rest of the world on their basis (because it would likely be inheriting tons of debt, due in no small part to interest, and consolidating all the interest-related debt of its constituents). It can then come to whatever agreement necessary to get rid of that debt eventually, and then can halt all future transactions based on interest and pursue an appropriate trade policy to reflect those principles. I don't see this as a huge deal because if this were to ever happen, if things were to ever get to the point where a government existed that could and would have to do this, it'd probably already be in the middle of World War 3.Personally, I'm not too sure where I stand on Western-style capitalism. It will, after all, come back to bite the US in the ass. Human nature doesn't serve any one people over another based upon where they live or who they are. It could wind up being teh winnar for those tricksy Chinese for all we know. (Seriously, if a COMMUNIST country can kick ass at dealing with a capitalist world, why are people doubting an Islamic economy would have any problems following the same path? Communism DOESN'T WORK. But people can MAKE it work. Islamic economies in the past have never collapsed due to being Islamic.)

The symptoms are there... (being abandoned by its own 'monster') pointless wars and projection of power and idiotic, panicked foreign policy. They aren't directly focused on China, but they don't have to be. Existing resources and involvement in other places has grown more important necessitating all this. The country's under threat from essentially the rest of the world.

[Mr_MaSaLa]

Why 0% interest rate?
Capitalism is all about manipulation of interest rate, Fed says it will go up because inflation is going up. If interest rate is going up mean stock market will go down, ppl will invest more in bonds.... blah blah blah.
Why 0% interest rate is not possible in today's modern economy. Why our whole economy is based on this so called 'one' number. Any addition or comments are required here. Because, interest is all around us.
Good luck guys,
Sky

Because it screws you up ...

Watch http://www.zeitgeistmovie.com/ for more info ... some real stuff is said in this documentary. You gotta wait till it gets to the 3rd part to deal with interest.

[jumpn jza]

"interest" in Islam banking is also collected...they just dont call it interest :lol:

too be fair, its hard for them to compete against other banks that do charge interest...

[TheDude]

I know shit all about banking/economics

that's all that needed to be said.

go ahead and write me an essay now. :)

[reaz]

since someone brought up communism and china. I recently had a discussion about the chinese economy. Turns out the politics is communist; however, businesses are mostly private now and so the economics is mostly capitalist.

[Cunard]

since someone brought up communism and china. I recently had a discussion about the chinese economy. Turns out the politics is communist; however, businesses are mostly private now and so the economics is mostly capitalist.

mao must be choked :p

[jumpn jza]

mao must be choked :p

how did u ever get so anti left??

[whitewashedguy]

cause the number 0 looks good most of the time when you buy crap.

[Cunard]

how did u ever get so anti left??

because i had to leave behind a province which was fucked over by a left wing govt....who btw were reduced to only two seats...but the damage was done

besides...left wing policies dont work in the long term

[jumpn jza]

because i had to leave behind a province which was fucked over by a left wing govt....who btw were reduced to only two seats...but the damage was done

besides...left wing policies dont work in the long term

which province is that?? - punjab?? - and also, it could also be because that left wing government were horrible economic managers...

I don't believe in stating that any kind of political ideology is workable or unworkable...i believe that a just society needs a balance between both...

I come from a state where left wing policies improved living standards, education and monetary equality...

[Cunard]

which province is that?? - punjab?? - and also, it could also be because that left wing government were horrible economic managers...

I don't believe in stating that any kind of political ideology is workable or unworkable...i believe that a just society needs a balance between both...

I come from a state where left wing policies improved living standards, education and monetary equality...

Punjab? no lol.......British Columbia...New Democrate Party was in power for well over a decade and ran the forestry, shipping, and aluminium, pulp and paper, methanole, mining, fishing, and every other industry into the ground...hence i moved to Alberta


more often than not...left wing polocies ground an economy into the ground

[jumpn jza]

Punjab? no lol.......British Columbia...New Democrate Party was in power for well over a decade and ran the forestry, shipping, and aluminium, pulp and paper, methanole, mining, fishing, and every other industry into the ground...hence i moved to Alberta


more often than not...left wing polocies ground an economy into the ground

balance i say...we can agree on that cant we ??

[Cunard]

balance i say...we can agree on that cant we ??

balance of what exactly? health care....foreign policy.....industry....what?

[jumpn jza]

balance of what exactly? health care....foreign policy.....industry....what?

ideologically balanced...centrist policies aint too bad...

[Cunard]

ideologically balanced...centrist policies aint too bad...

they somtimes work.....right wing minority govts are the best in my opinion.

[jumpn jza]

they somtimes work.....right wing minority govts are the best in my opinion.

whatever floats your boat...gnite

[harvey_mayway]

just wonderin, does islam have a thing about working in finance, or workin in a bar selling drink?