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The death of capitalism
by Sarvis
+2 Reply

There's a lot of interesting stuff going on. Truly epic, once-in-every-three generations kind of stuff.

There's fodder for everyone what with the bailouts, kleptocracy, criminalty, farce, lies, regional meltdowns, corporate socialism, and nationalization of the mortgage and banking systems. Entire swaths of the economy are being revealed to be simply facades in front of criminal and rogue gambling enterprises of which no one knows what is actually going on, or what happens if they fail.

This nation has become little more than a shell, a rent-seeking system of cronysim and gambling and upwards redistribution. A Los Angeles economy that seems quite busy but in fact there's no "there" there. Now it is teetering and held together mainly because so many other nations hold our debt. But htey are looking for ways to be rid of us, you can count on that.

You'd think there'd be a little more discussion. Yet you can hardly tell without going to self selected speciality web sites.

Aside from a few NYT business section on line pieces, we are still acting as if what McCain says is the most important thing affecting this nation.

Obama ain't the solution neither. He ain't got the juice, and even if he did, his lead contributors from Wall Street will not allow true reform. They are concerned with one thing: grabbing every penny they can grab until there are no more pennies to be had.

No sir, like Slim Pickens, we are riding this here atomic bomb all the way to the bitter end.

There's be medals for everyone when it's all over.

YEEEEEE HAAAAAAAAAAAA

Re: The death of capitalism
by theNairobiTrio

You'd think there'd be a little more discussion. Yet you can hardly tell without going to self selected speciality web sites.

Aside from a few NYT business section on line pieces, we are still acting as if what McCain says is the most important thing affecting this nation.

Obama ain't the solution neither. He ain't got the juice, and even if he did, his lead contributors from Wall Street will not allow true reform. They are concerned with one thing: grabbing every penny they can grab until there are no more pennies to be had.

You are the otha mutha, Sarvis.

you still don't get it.
by MichaelRyerson

Re: you still don't get it.
by theNairobiTrio

I don't get it.

What doesn't he get ????

As I said years ago, right here
by gmat
It resembles nothing quite so much as somebody running a company into the ground (you know, like on The Sopranos)

Here's a good piece that elaborates on your theme.
as if you do
by Sarvis

The Dems are part of the problem.

Many of the leading crooks on Wall Street are major Dem donors and appointeds.

ever been to minyanville?
by Sarvis
Re: The death of capitalism
by julieboomer

I thought we were witnessing the death of Reaganomics?

you wish
by Sarvis

Reganomics is merely a manifestation of sophisticated propaganda in a time of affluence - a time when economic elites got away with rationalizing their theft from the rest of the nation by convincing us that the pee coming down on our heads was rain, and that they were merely taking our christmas tree back to their workshop to repair a light that wouldn't light on one side.

It is just one argument in a long train of arguments all with the same goal: kleptocracy. Reaganoics may go into remission. Kleptocracy will not.

My point is that this particular round of the Big Lie's collapse may well take us closer to the point of no return than ever in our history. It is posible to kill the golden goose dead.

Re: The death of capitalism
by theNairobiTrio

You know, Sarvis - occasionally I miss Hauteur/Cicero.

He was by no means as radical in his views as a man of intelligence should have been, but his main point was that room has to be left in the US for a certain degree of upward mobility from the lower to middle class.

And of course, this is what Reagonmics was all about -stifling that mobility because of the wage-demands and benefit-demands that accompanied it.

The american miracle
by Sarvis

was its middle class.

It became, inevitably perhaps, a fat goose to be plundered.

The genius of Reaganomics was getting the middle class to say "thank you sir may I have another" as it was systematically deconstructed, robbed, and neutered.

And ever since 1973 sitting in the
by Skeptical3

Hallowed Halls of Congress we find Murtha, Conyers, Rangel, Kennedy, Dodd, Bryd, on and on and on.

The point being these pols were our oversight on such big time committees as Banking, Housing and Urban Affairs....just run down Senator Dodd's (D Ct) past and present.

Ah, yes, the Roman Empire in decay.

Ryerson, what a thought provoking
by Skeptical3

hard hitting response to the Sarvis top post. You out-do yourself.

Let us hear it for Ryerson.

Hip, Hip, Hip Hooray!

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