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Old 01-26-2010, 11:26 PM
 
27,624 posts, read 21,133,586 times
Reputation: 11095

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Quote:
Originally Posted by kovert View Post
Don't worry sick, who better understands the evils of greed and capitalism than our new owner Communist China.

They are also great at preparing teas.
With all of the corruption in every sector of business and government, I suppose the best that we can hope for, is the Chinese eating more and more Western fast food and building more and more pollution spitting factories to produce more of the toxic garbage tha they send here. If the cholesterol doesn't get them, maybe the fumes will.

Last edited by sickofnyc; 01-26-2010 at 11:35 PM..

 
Old 01-27-2010, 05:35 AM
 
21,026 posts, read 22,155,997 times
Reputation: 5941
Quote:
Originally Posted by kovert View Post
Don't worry sick, who better understands the evils of greed and capitalism than our new owner Communist China.

They are also great at preparing teas.
Sounds like you're the person to ask:

Last night I saw on the local news that China owns the wind turbines in the Dakotas.


OK, foreign countries own some highways, are buying foreclosed properties and businesses, now they can invest any amount in the political candidate of THEIR choice, and control our power sources.....and will own and control more....


How long before we are not actually a country?
 
Old 01-27-2010, 06:35 AM
 
4,367 posts, read 3,484,516 times
Reputation: 1431
Beyond all the partisan fighting here, reading this kind of thread jolts me back into reality. I despair for the future.
 
Old 01-27-2010, 07:20 AM
 
21,026 posts, read 22,155,997 times
Reputation: 5941
Quote:
Originally Posted by nightflight View Post
Beyond all the partisan fighting here, reading this kind of thread jolts me back into reality. I despair for the future.
You mean you're not concerned about the horrors of Obama's feet on his desk or who wins the Super Bowl?

Pretty soon it will be Chinese feet on the desk and the Saudis will determine who wins the Super Bowl.....
 
Old 01-27-2010, 08:58 AM
 
6,084 posts, read 6,046,032 times
Reputation: 1916
Quote:
Originally Posted by Who?Me?! View Post
Sounds like you're the person to ask:
No, I am not. you should be bringing up these questions to your friends, family, organizations, message boards and elected officials.

Quote:
Originally Posted by Who?Me?! View Post
Last night I saw on the local news that China owns the wind turbines in the Dakotas.

OK, foreign countries own some highways, are buying foreclosed properties and businesses, now they can invest any amount in the political candidate of THEIR choice, and control our power sources.....and will own and control more....

How long before we are not actually a country?
Things have already been set into motion thanks to the SCOTUS ruing.
 
Old 01-27-2010, 09:05 AM
 
6,084 posts, read 6,046,032 times
Reputation: 1916
America really has to develop a long term economic game plan (http://archive.wbai.org/files/mp3/100127_090001leftcoast.MP3 - broken link) if we want to be able to thrive in this era of globalization. That and get the public campaign finance reform ball rolling.
 
Old 01-27-2010, 09:07 AM
 
1,747 posts, read 1,953,701 times
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Quote:
Originally Posted by kovert View Post
It's the Trade War. Globalization and so called "free trade" comes at a price. Paid for by the loss of the middle income America to the Eastern powers brought to you by,...., Too Big To Fail.

"Even if the economy is stimulated, most of the jobs would go to China."

We have to either get out of or renegotiate anti-middle class trade agreements like WTO & NAFTA .

We need public campaign finance reform NOW.

"Campaigning is usually good for government. And government is good for the campaign. But the needs of the campaign sometimes conflict with the needs of the country and government -- which prevents good government. That's the situation in Washington today.
We need desperately to stop the offshoring of jobs, production, and the economy.
But the President and Congress need contributions for the campaign.
The financial crowd that furnishes the contributions wants to keep the U. S. market open so they can dump their offshored production back into the United States market for a big profit.
To keep the market open, Wall Street, the big banks, their think tanks, Corporate America, and the Business Roundtable engage in a charade of opposing protectionism and cry "free trade." Congress, needing campaign contributions, refuses to regulate trade as the nation goes out of production.
"

Simon Johnson is one prominent economist who is not in denial that there exists a corporate oligarchy in America.

The fact of the matter is, the highest authority in the land is not the Supreme Court, not the Presidency, not the left/right or Dems/GOP,and most certainly should never be an oligarchy.

The highest authority in the land is the Constitution.

It was designed and periodically amended to protect natural person American citizens from the tyranny not only of an overreaching government but also of our fellows whether in the form of a single individual or the behind the veil of a fictional entity called a corporation.

But 1st we have to be educated about our rights and those of the officials who we elect to serve us to protect our Constitutional rights and privileges.



Public servant should worry only about serving the public interest and not raising campaign money.
The way things are that is almost impossible and this is way things either don't get done (particularly when it will promote long term benefits for non-corporate America) or the the things that do (bankster bailouts) do not benefit Main Street.

With a good public finance system in place and plus the internet as a podium, public servants would be able to govern rather than campaign 24/7.

But especially with the threats on Net Neutrality, we need a person like Susan Crawford permanently on the administration to ward off the privatization of the net.

" Globalization is nothing more than a Trade War with production looking for a country cheaper to produce. For example, if your competition can off-shore to China, your production in the United States has to meet the China price or you can't survive.
Bottom line: In globalization, Corporate America can't produce for a profit in America. Our country sustains on imports. More importantly, our defense depends on imports. "

So wake up time non-corporate America. It does not matter if you're black or white OR left and right. If you're a middle income or working American citizen, you have to recognize Too Big To Fail really stands for,..., oligarchy.

Not a free and open market capitalism, not an overreaching big brother government and not socialism, OLIGARCHY INC.

This the tyrannical force that threatens to turn us as Simon Johnson so eloquently put, " a banana republic". Yes we could collapse just like the once powerful Russia did.

Still we have the Constitution. So all those who want to remain citizens of a sovereign, 1st world nation-state rather than a consumizen of a for-profit corporate state spread the word to friends, families, organizations, Congressmen, that:

1. We demand Fair Trade and not "free trade".
2. We demand a Net Neutral Internet.
3. The overturn of the anti-democratic Supreme Court ruling on corporations.
4. We demand public campaign finance reform.

Again the war that's really hurting us is the Trade War. How can we seriously believe someone is protecting us when their is a drug war right smack on our unprotected southern borders.

Lets get public servants once again serving the public interest.
Decades late and trillions of dollars short.

TOO FAR GONE NOW.
 
Old 01-27-2010, 09:12 AM
 
Location: Portland, Oregon
7,085 posts, read 12,057,017 times
Reputation: 4125
Oh noes, kill the evil rich and take their moneyz.

Why not just give ourselves over to populism and just throw the pretense out the door (good article about this Op-Ed Columnist - The Populist Addiction - NYTimes.com).

"Hamilton championed capital markets and Lincoln championed banks, not because they loved traders and bankers. They did it because they knew a vibrant capitalist economy would maximize opportunity for poor boys like themselves."
 
Old 01-27-2010, 09:41 AM
 
6,084 posts, read 6,046,032 times
Reputation: 1916
There are some economists that call into question whether the US economy is actually practicing capitalism but I guess socialis,..., er,..., public assistance are perfectly acceptable as long as it for the most discriminated & vulnerable minority group, the fortune 500.
 
Old 01-27-2010, 11:07 AM
 
6,084 posts, read 6,046,032 times
Reputation: 1916
Quote:
Originally Posted by subsound View Post
Oh noes, kill the evil rich and take their moneyz.

"Hamilton championed capital markets and Lincoln championed banks, not because they loved traders and bankers. They did it because they knew a vibrant capitalist economy would maximize opportunity for poor boys like themselves."
You were saying?

"Not matter what Rick Santelli proclaims, government interference didn't cause the crash. Greedy, stupid home buyers didn't cause the crash. Poor people backed by the Community Reinvestment Act didn't crash the system. And China didn't cause it either. The book should be closed on this: Wall Street's fantasy finance casino did us in.
We gave the Wall Street banks gigantic loans and enormous guarantees on their toxic assets. We gave them TARP. It all totaled to more than $12 trillion, with most of it still in play, even after the TARP repayments.
Of course, no one wants to admit that we put the richest people in the world on welfare. It's embarrassing to acknowledge that we are rewarding those who killed millions of jobs
. And worst of all, our political establishment doesn't have the nerve to take our money back."


Quote:
Originally Posted by Sign View Post
Decades late and trillions of dollars short.

TOO FAR GONE NOW.
We got the money, question is do we have the will?

"One QUARTER OF A TRILLION DOLLARS is what the US is spending on two nations, Iraq and Afghanistan that together have a COMBINED GDP of just $23 billion. That is lunacy. Americans have a US President who is going to say tonight -- we cannot afford our future, we cannot afford investment in ourselves, but we can afford to bail out Wall Street financiers, and we can afford to pump $250 billion into two small countries abroad, but we can't afford to do the right things by American working families -- who deserve far better."

Its not all doom and gloom though and there are some working for reform.

Last edited by kovert; 01-27-2010 at 11:16 AM..
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