2017 San Francisco ase

Free market capitalism is what made this country the greatest superpower the world has ever seen, and in a mere 200yrs no less. Its the best economic engine ever created. Sure, it can be abused like anything else but it beats the hell out of socialism. And this conversation is way over the top for a situation of 75k coins being sold without ordering limits... Not to mention said coins will be available again later this year. Geez.

 

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True, this is a tiny tip of the iceberg. Free market capitalism is what causes inequality and a large poor population. Regulated capitalism is what created a large middleclass.

 

You have that backwards. But let's just agree to disagree. This is not the place for a conversation on the virtues of free market capitalism. Ps, regulation is abused to a great extent and that is the true culprit of inequality. Dodd-Frank, need I say more.

 

I have to respectfully disagree with your conclusion though we may be on the same general page. The large middle class developed because of unionized labor. The decline of the middle class has largely tracked the busting of unions.

 

Yep, the decline of unions is just one factor that occurred under free market capitalism - regulated capitalism allowed unions to form.

 

We probably ought to drop this line of conversation @statequarterguy before it gets political.

 

You have your opinion and I have mine.

 

True.

So, for those who haven't filed a complaint yet, here it is one more time. I think it's high time the mint is investigated to see what the heck is going on there.

Here's a link to file an online complaint with the U.S. Treasury Department Inspector General. You can file anonymously and mint mismanagement is a legit complaint. If they get a bunch of these, they may do something about it.

https://www.treasury.gov/about/organizational-structure/ig/Pages/OigOnlineHotlineForm.aspx

Here's a sample complaint:

David Motl, Acting Principal Deputy Director
United States Mint

I am filing this complaint because of mismanagement (or worse) by David Motl, Acting Principal Deputy Director of the United States Mint. The U.S. Mint, under Mr. Motl’s direction, repeatedly offers limited edition coins in a manner that allows a few large business interests to monopolize the entire issue. The most recent abuse was an offering for the 2017 Congratulations Set on April 4, 2017 with no ordering limits. This issue sold out in less than two minutes and most collectors were shutout. It appears from aftermarkets sales, a few large dealers bought most of the sets. Please review Mr. Motl’s business practices in order to assure all U.S. Mint customers have a chance to purchase their offerings. Thank You.

 

Compare our poor people to the poor in socialist, etc, countries. Hint, ours are fat, and have iphones.

 

Yeah and they live under bridges. I'm not saying all out Socialism, I'm saying regulated capitalism like we had in the 1940's to 1970's when we had the wealthy, those who made fortunes, and we had a healthy growing "middleclass". If we go too far to the left or the right we get failure for the ones on the other end, somewhere in the middle works best. Okay, that's it, didn't we agree it's getting too political?

 

The baseball coins I think the mint just honestly underestimated demand and struggled with production. By the end of that regardless of what their policy is in my opinion they were shipping out some returns to fill orders as the quality was so far even from their norm on the orders that shipped very late.

Most of them ended up getting to greedy causing the acceleration of jobs being replaced by automation. Automation was eventually going to replace a lot of jobs, but several factors speed it up. Younger generations should fare better as they are better equipped to deal with the massive technological advances of the last couple decades that some other generations just simply weren't equipped to deal with how they would impact the job market.

 

Didn't y'all agree on something? Topic locked.