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When they did the bailouts in 2008 it's like they were bailing out themselves, the status quo... keeping all the same people in power who created all the problems. Keeping themselves in power. Now years later the bubbles are just bigger, and transferred from the private sector to the federal debt, who is the spender of last resort to prop things up.
I'd love to see Trump "flush the toilet" .. a good depression and trimming of the fat, not only in government but in large corporations. Unproductive, corrupt people at the top exposed and eliminated from these positions. Everyone would blame him and he'd go down as a bad president for not trying to pass off the problems to the next guy though. Maybe this is all in my head and the stock market cheerleaders are right though... everything is fine. There is no global debt crisis at all...
Ask your grandparents how fun the Great Depression was, then rethink your strategy. Who suffered most? It wasn't the rich and powerful, that's for damned sure.
Ask your grandparents how fun the Great Depression was, then rethink your strategy. Who suffered most? It wasn't the rich and powerful, that's for damned sure.
You're not getting it....
The greater the depression, the greater the financial pain the average Joe feels, the better chance he comes out in the streets with a REAL pitch fork.
The greater the depression, the greater the financial pain the average Joe feels, the better chance he comes out in the streets with a REAL pitch fork.
No, I get it. Did the average Joe rise up and get the pitchforks the last time? Nope. You know why? Because the average Joe was starving to death, and trying to keep his family from starving to death.
It took a world war to get us out of the Great Depression.
It seems that for fiscal conservatives, hilary might actually be a better candidate to support than Trump. Hilary is Republican without social conservatism, liberalism without economic socialism. Trump, on the other hand, advocates for policies that are not aligned with the interests of fiscal conservatives.
The sides are so messed up.
Hillary is a progressive. by its very definition, that means she is bad for everything. poison. plus she is a criminal.
Trump has put his economic plan forward, and it is fiscally conservative. the suggestion that Hillary is a republican wo social conservatism is either ignorant or a lie.
The greater the depression, the greater the financial pain the average Joe feels, the better chance he comes out in the streets with a REAL pitch fork.
Of course quite few just commit suicide, families disintegrate while waiting for the crowd to stop scrambling for work or using those pitch forks to eke a living, pretty much as they did during the Great Depression. Unfortunately the dystopia prescription for political revolution either doesn't work or brings into power forces that are far worse than the one's they replaced.
It seems like the old, yet, applicable question is: "Are you better off now than you were 4 or 8-years ago?" I'm amazed at the number of Dems. who seem oblivious to our $19 TRILLION debt, dramatically waning world prestige, failed social ideology and a dozen other significant metrics.
How can anyone who hasn't been hibernating for the past 8-years, think, "Maybe Hillary will change the downward Obama trajectory -- from ideology and political correctness to one of substance and leadership!" -
Trump may not always fit the traditional "Presidential" mold, but, in my mind, that is a PLUS! We don't know what he will do, but, could the Presidency really get any worse than it is now (or how about following the Lewinsky and other scandals of the last Clinton administration?
Of course quite few just commit suicide, families disintegrate while waiting for the crowd to stop scrambling for work or using those pitch forks to eke a living, pretty much as they did during the Great Depression. Unfortunately the dystopia prescription for political revolution either doesn't work or brings into power forces that are far worse than the one's they replaced.
see: France 1789, Russia 1917
There was a highly productive industrial renaissance in France after 1789.
I would also argue that the German people thought they were much better off post Weimar if Hitler had not gone crazy at the end.
The coming calamity, where all bubbles collaspe and the banks melt down and try to use bail-ins to recapitalize will be worse than anything written in the history over the last century-and-a-half. And I don't expect folks to sit there and take it instride.
There was a highly productive industrial renaissance in France after 1789.
I would also argue that the German people thought they were much better off post Weimar if Hitler had not gone crazy at the end.
The coming calamity, where all bubbles collaspe and the banks melt down and try to use bail-ins to recapitalize will be worse than anything written in the history over the last century-and-a-half. And I don't expect folks to sit there and take it instride.
the problem with nazi's system is that they were quite an extreme group from the beginning; they didn't "become" crazy; they simply held back and worked on the economy first, before diving into their deeds.
this is different from other authoritarian systems where such craziness isn't inevitable. think of singapore, where things are tightly controlled, but they get things done and they have high quality of life. they are much better than the democracies around them.
anyway, revolutionaries often do not know what they are doing; they just want to put an end to the old system, before they have a clue about what new system they want.
a far-left or a far-right revolutionary takeover of the american political system would be disastrous to the common people. either way, it would drive out capital and talent, and create social unrest.
Trump wants to p*ss away $20 billion on a useless wall that's going to get paid for over a few decades by taxing the rich, like everything else. Doesn't sound fiscally conservative to me.
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