Our Bankrupt Economy

Greedy financial firms are responsible for one financial crisis after another. And every time their bubbles pop, our political leaders are all too willing to bail them out with taxpayer money. Meanwhile, one company after another chases cheaper labor overseas, yet politicians in Washington do nothing as good paying jobs vanish and average workers’ wages drop. Instead, they dupe us with skewed statistics and urge us to spend beyond our means. That way they can keep the sick cycle of our consumer economy spinning.

NEXT: Viva Cuba!

Comments

One Response to “Our Bankrupt Economy”

  1. WILDCAT on March 7th, 2009 11:18 pm

    Hello Comrades :

    How are you today? Good I hope. But not likely. Going through the Death Throes of the latest incarnation of capitalistic totalitarism is not fun. It is also anything but, Luck Pluck and Virtue capitalism. We live in and have lived in a heavily socialized economic and political nation . For far longer than you would believe.

    In fact during the Great Depression there where hundreds of thousands of citizens who marched on DC, calling for socialism and communism.Wall Street had failed the nation and the population wanted to work and wanted beifits. Now !! Their bellies were empty and they were not buying that Romans crap, about obeying your goverment. They were hip to obeying God. But a President or two, Congressmen, Senators, Govenors and political operatives. NO!!! Their bellies were empty.

    But the CC ( Elites, Crimminal Class) started a Patriotic war and suckered americans into that war, where it was good against evil. Not what it was really on a Leadership level, evil vs worse evil.

    Little did they realized it was socialism in Wall Street in 1929, in it’s worst form (there are good forms), that blew the economy to pieces. Then as now, unregulated socialized losses and privatized profits brought the nation to it’s knees.

    The Robber Baron era of the 19th centuary was just the same. The rise of Unions was a direct response to socialized losses and privatized profits. Indeed, as well as cruel and inhuman working conditions. Virtual slavery for Chinamen building the cross country railroad.

    The Unions were a direct response to a non-capitalist system. That had been fully gamed by the Robber Barons, through the purchase and leasing of political figures and the non-capitalistic laws they passed. That caused great harm to the typical american male worker and brutal misogoney to women.

    The advent of Unions was a wonderful socialistic counter punch to the evil socialism practised by the Crimminal Class (CC).( Robber Barons and their slavish minions.)

    The mass of americans revolted in such numbers it caused the CC and Lifetime Leeches to back down in a big way and pass fairer, judeo-christian laws and better protection and benifits for workers.

    Even in the 19th centuary when the population organized against the Crimminal Class, their lawyers, accountants, judges and such. The CC was so mortified that they backed down for a time.

    Then over time like slime, they waited and gained entry into the Money Supply and Wall Street. Then, as now they blew it. Their form of socialism, mixed with totalitarism and gaming the laws caused a decade plus of suffering.

    They planned and sought their way out and return to power by starting an unnessary war with Japan. The Nazi’s, yes we had to intervene, until the Battle of Stalingrad. After the protracted victory by the Russians. Following our Founders advice we should have come home then. Let Europe sort it out.

    Let me insert here without spell and grammer check and the ability to see the whole article causes me to jump around a bit. I beg your kindness. Read on.

    Virtually any form of society, economically and politically is to a large degree socialistic. What we want at the IAC, I believe. Being a member of the public invited to share my thoughts. Not a member of the IAC, that I can speak in any way, shape or form for it. I am in no way part of the IAC other than a Citizen that passionatly supports their goals and objectives.

    The IAC caught my eye because they are honest and factually and in analiysis spot on.

    Anyhow have you ever given thought to the idea of socialism combined with a salubrious form of capitalism.That is what must be worked on. In a Constitutional framework.

    You may not realize it but you LOVE socialism. You adore it. And you hate the form of socialism that privatises profits and sociaizes losses for the CC.

    TO WIT : Bet you love traffic lights that prevent people driving willy nilly. With no social control on the roads thru the use of traffic lights and traffic signs.A lot more people would die and be injured in laisse faire highway system. Bet you love the police and fire departments, that pool their resourses during the hell fire Falls we have here in SoCal. To put out the infernos that threaten our, schools, homes, commercial districts and so forth.

    I bet when you or a friend have had a medical emergency and call an ambulance it shows up.Schools care for our childrens safety, our military, sort of, keeps us safe. ( Could be easily counter-pointed).

    Should we have municipal lifeguards at our beaches. Or none. Or a lifguard system based on the profit motive.”Man I don’t save Spics or Micks. You save the bum.”

    Probably not a good idea to Capitalize the lifeguard deal.

    Our eletrical grid and companies, when honest provide all power. Without regard for race or status and has good programs for the poor and disabled.

    Of all the Industrialized Nations only the USA has a healthcare system run by the profit motive. Our healthcare is last in life expectancy amoung Industrialized nations and has the highest rate of infant mortality. In fact our healthcare system, run by the profit motive ranks 41st. Cuba in their abject poverty ranks 39th. Two nations ahead of the BIG, OLE, MIGHTY USA. HMMMMM?????????

    Our Defense Industry is now a virtual socialized system of corporate welfare. So few players, the Pentagon after fining Boeing over 100 million dollars last year for dishonest dealings is forced back into their laps. This is an example of BAD socialism.

    OK so get over it. We do not live in the type of capitalistic system, our Founders built, visioned and subseqently was torn down by Unconstitutional laws passed by Congress and signed by the Dictator in Office. We need a return to their form of Socialised Capitalism. And spend only the money we have and not monetize debt as is done now. That has crashed the system.Monetizing debt, what a dumb ass move for 99.99% of us.

    What we call capitalism is nothing of the sort. Because it is corrupt to the marrow and founded on monitized debt insterments. This form of capitalism is dying. I am so glad. So is Mother Earth. It would take at least four earths to allow the worlds population to live as Industrialized nations do.

    So when you take your family to church tommorow. Ponder how many HUMANS, starved and died for your lifesyle. PIG!!

    We let the fearmongers and schills for the CC, like Limbaugh, Medvid, Hannity, Coulter and others on the so-called-right, tell us how bad socialism is.

    Next time you are in need of a hospital, think about how you are going into a privatized healthcare system that is last on the Industrialized Nations list. Behind Cuba. Not Socialized as with other Industrialized Nations. Whose healthcare, based on REAL FACTS is far better than ours.

    This fall when SoCal burns again and the police and fire departments, warn people to flee an area and pool resourses. You tell me we are not a heavily socialized nation in many respects. Call me from your car when you are stopped at a traffic light.

    Americans, how can you possibly think business is run on capitalistic principals and not totalitaian ones, as your CEO fires thousands so he and managment can get HUGE BONUSES. With our tax money no less. Our Founders did not envision workplaces based on the fuedal system of Olde Europe, as we have now.

    Go do some reading on the economic principles of the Founders. Our business climate is nothing like what these WISE MEN wanted for America. They would gag at the medevil and dehumanizing system our economy runs under.

    They also were not consumeristic in thought. Creating useless and endless products that rape and poison the Biosphere. They did not waste not, so they would not want not.

    The Republican and to a lesser degree the Democrat parties are beginning to die. Man is growing again. A consumeristic based society is getting close to death. We have no real capitalism in Corporate America. I want it to die for the Constitution and Bill of Rights and Social Democracy to soar.

    The human spirit in the short time on Earth, could be spent in better ways than now. So that one day we can join in our rightful place. Amoung the stars and with far more wise and advanced societies that for now, like God, must just lower their heads at the cruel and primitive nature of man.

    Yes there is a part of me that is an arm chair astronaut. Those men and women go into space with many dreams. The largest is to communicate with kind, non-meating aliens.

    A couple of quickies, there is no such thing as clean coal. Propaganda and lies from the strip mining corporations.That leave flourishing biospheres poisoned and as barren as the moon. But far less interesting.

    Nuclear energy is also not a safe or clean energy and nuclear plants make great targets for terrorists. More corporate crap and LIES,LIES,LIES

    Cesium 134 a by product of nuclear power generation as waste. Has a half life of 2.1 million years. Cesium 135 has a half life of 2.3 million years. Which means it remains lethal to the enviorment and renders areas where stored, fatal to life for millions of years.

    Why not fill Afganistan instead of with Depleted Uranium. Which has a half life of 4.5 billion years. Fill the nation, where the sun shines like a heat lamp gone ape. With millions of acres of solar panels and high value food crops . For export to Europe and beyond.Iraq and Saudia Arabia and Isreal too.

    Oh hell, I know why that won’t work at all!!! Why?? Because it would work and makes perfect sense. The corporate world knows that power from the sun means thousands of local power companies. That they could not control or profit from.So instead we still pursue poison for power.Poison for power. Porno for Pyros. :)

    HAPPY TRAILS AND KEEP IT LIT——-WILDCAT

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