Showing posts with label U.S. capitalism. Show all posts
Showing posts with label U.S. capitalism. Show all posts

Tuesday, March 3, 2009

Will the Right Wing Leave Obama Alone Already?

I can't believe the right-wing media. Now they're blaming all the stock market drop since the inauguration on Obama, as if the financial situation just happened when he took office. ..and the whining about more taxes for the rich, give it up already - it's not enough extra to worry about in the light of everything else going on, or "no one cares about the tax problems of the wealthy anymore (if we ever did)."

First of all, any new remedies take time - he's been there, what, 45 days?

Second: the stock market and its prices are manipulated daily by collusion and hardly represents any kind of reality. It's the reality created by hedge and mutual fund managers and day traders. They think they can affect economic policy with daily market gyrations.

Third: we just gave these clowns a chance and look what happened. Unregulated capitalism = volunteered slavery. We may as well just send corporations our paychecks and let them volunteer how much taxes they'll allow the feds to have, they run things anyway - and once again: look at the result.

They wave the S word (socialism) like a new scarlet letter (see Hawthorne, you illiterates!) when the new bad one should be the C word. Something must be better than this, look at Denmark: 60% taxes, but then the feds provide everything expensive and even pay for social clubs, so 80% of the population are members, the same percentage that goes to church. Apparently 20% of the population are hermits (likely writers and artists) off alone somewhere. And they were found to be the "happiest country" after a 10 yr study. Need a heart transplant? It's free.. so is dying of cancer for years.

This certainly isn't Obama's creation, and the falling market isn't either; it had already been destroyed and will take a minor miracle to reverse at this point. The traders will stop whining, forget about 10% more taxes on what's basically free money anyway (well, you pay in stress) and realize there's more room on the upside at this point. It's just a manipulated numbers game anyway, not connected to any reality but its own.

See the real way the market works in the "Buying stocks doesn't drive the price up" post, based on a 10-yr study of the 1987 crash.
lawrence jose sinclair

"Don't you be calling me the C word!"

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Sunday, February 15, 2009

U.S. Capitalism is Done

Capitalism as we know and abuse it is simply "done" - put a fork in it.

As we're seeing, give these jokers bailout money to save the biz and they simply take it home, put it in their overseas bank and the money disappears - just like wages sent overseas and all our other corporate welfare breaks.

The US's wealth has been smuggled to foreign banks with secrecy laws (which is a legal loophole that Congressmen abuse else they would eliminate it), just like the Nazis did in WW2 with money stolen from Jews. Most went into Switzerland, who later returned about 50 billion of this money to Israel, but decades later (and likely under international pressure).

What they don't tell us: wealth transfers between nations are what make them poor or wealthy, and the US got 60% of the world's gold from 1912-1933 in exchange for ARMS we exported to all sides in both wars!

NOW we'll have to see if the fascist wealth owners can complete a dictatorship by the autocracy (if they haven't already) or if the people will fight for freedom once again and change the system.

From 30 Rock:

"..this is our party's ongoing war against the poor" ('GE executive' Baldwin)
"don't you mean 'war against poverty?'" (Tina Fey)
"whatever... " (Baldwin)

This is sad but true, they're trying genocide on poor people once again.

In France, remember that they simply killed the wealthy, (18,000 of em with no discretion, they even killed supporters, incl. the inventor of the guillotine itself!); in Cuba they just kicked the U.S. out, took back the corporate property, and divided up the wealth and every man, woman, and child got free education, healthcare, housing, (even 'basic food'! this was on NPR about 2 wks ago, you don't even pay for bread, rice, milk, etc - so no one goes hungry) - and four acres of land.

So who cares about free speech or even needs it? (do we have it when corporations own all the media anyway?) That doesn't pay for my appendectomy or my mom's nursing home. WE'll NEVER get all that here, the corporations will show enough losses that NO ONE below them can ever get ahead now - we've been had, they've figured out a way to steal our future wealth as well.

Sometimes we think we have freedom, but if stuck without a job or money, how free are we? So I'm free to think or criticize the system, whoopee! It's a false freedom anyway, advocate revolution (changing the system that has failed) then it's "sedition" and suddenly a crime!

Today they'd have to lock up Thomas Jefferson, he advocated a new revolution every twenty years, "by each new generation", lest "the government become tyrcannical and unresponsive to the people."


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