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TheMastersNemesis

(10,602 posts)
Tue Apr 17, 2012, 08:52 AM Apr 2012

It's Looking More And More Like The Recession Was A Deliberate Set Up By GOP

Hey workers be glad for the $10 an hour job you have just gotten. It's better then no job at all. That's the new meme coming from RW'ingers and the GOP. That is the latest new little ditty coming from the right during this recovery. And I am beginning to believe that the near depression was a set up to wipe out as many higher paying jobs as possible starting in late 2006.

Bush and his team knew that we were losing jobs by mid 2006 but decided to cover it up and ride it out. They wanted to make sure the economy tanked right after November 2008 so the next President would be blamed for the crash. It played both ways, it gave big business the opportunity to dump all these high paid and older employees. They could blame the "economic cycle" for all the carnage.

They could also blow up the deficit even further so they could end Medicaid, Social Security and Medicare as well as dump the entire safety net. They could rail about the deficit spending needed to save the economy if the Democrats were in power. Then they could resist all efforts to recover and allow corporations to bring jobs back at $10 an hour. People would be so desperate that they would be grateful for these jobs.

With the help of the media the GOP could then yell and scream that over regulation was killing good job and stopping prosperity. They could attack the long term unemployed and poor as slackers and leeches trying to bring down the rich. The could then pump the poor for more money for the rich. They could claim that the poor were waging war against "success". That the poor should not vote because they would raise taxes.

Bush and the GOP would put Obama in a box by bailing out the banks, force him to continue because that would be his only option left. And when he did it blame him for the bailing and bonus by stopping needed anti bonus legislation. They were forced to save the banks first because the economy crashed during the election.

And in the process the GOP and it allies could trash Europe as well by all the derivatives they allowed US Banks to fraudulently sell them. We did not need the example of "socialist Europe" for the American public to look to.

When you look at how the GOP is operating now it seems more obvious that they planned the whole thing all along. And the American worker can now look forward to $10 an hour as the "new norm".

And then they could paint the recession was an "Obama recession" that all the jobs were lost on his watch while the recession continued for months into his administration.

97 replies = new reply since forum marked as read
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It's Looking More And More Like The Recession Was A Deliberate Set Up By GOP (Original Post) TheMastersNemesis Apr 2012 OP
The recession was an inside job!!!! Capt. Obvious Apr 2012 #1
It's up to each and every one of US to carry this message Tippy Apr 2012 #43
I will put stickers all over the subway letting people know Capt. Obvious Apr 2012 #52
that's my overall attitude Enrique Apr 2012 #2
Me too. But it's not the GOP so much as Jackpine Radical Apr 2012 #5
agreed. the chimp the turtle and the boner are not smart enough to think of this themselves leftyohiolib Apr 2012 #27
Just look to ALEC for a particularly egregious example Jackpine Radical Apr 2012 #93
I've been thinking the same thing for a while. graywarrior Apr 2012 #3
Interesting theory slackmaster Apr 2012 #4
So... What's your theory of what's going on with the economy? RC Apr 2012 #9
The economy is like a hunk of cheese, and we are all like rats. slackmaster Apr 2012 #14
And who restricted the production of cheese? socialist_n_TN Apr 2012 #17
Government. In order to make it fair for everyone. slackmaster Apr 2012 #18
Huh? bongbong Apr 2012 #26
The OP is the one promoting a conspiracy theory slackmaster Apr 2012 #57
Yeah! And tax cuts for the rich create jobs! Th1onein Apr 2012 #58
Look at the history of recessions and you will see a recession at or near the beginning alfredo Apr 2012 #61
alfredo, what you wrote here is certainly true but not even close to the theory expressed in the OP slackmaster Apr 2012 #75
Depends on the parasite. Rabies kills its host. alfredo Apr 2012 #82
Imagine how widespread rabies might be if it didn't kill its host slackmaster Apr 2012 #84
The saliva and agressive behavior makes it more likely to be spread to a new host. alfredo Apr 2012 #97
That's nice bongbong Apr 2012 #72
Well, you MIGHT be half right......... socialist_n_TN Apr 2012 #77
The rich capitalist pigs have ALWAYS kind of run everything everywhere and they probably always will slackmaster Apr 2012 #85
LOL!! This guy is something else!!! nt greytdemocrat Apr 2012 #25
The media played right along. HughBeaumont Apr 2012 #6
+1 freshwest Apr 2012 #20
Plus +2 davekriss Apr 2012 #83
sometimes I wonder if they're smart enough to pull off a plan like this Demonaut Apr 2012 #7
AGREED..... Tippy Apr 2012 #44
They're really stupid, that's why they're doing so poorly. HiPointDem Apr 2012 #64
Just ask yourself who's getting richer CJCRANE Apr 2012 #70
By Mid 2006 Things Were Obvious TheMastersNemesis Apr 2012 #8
A LOT of things seem to have been covered up (or papered over) Proud Liberal Dem Apr 2012 #13
I tracked monthly job creation stats off of the BLS for all of last decade. HughBeaumont Apr 2012 #16
I remember when the death of manufacturing was completed, and the Bush administration re-classified freshwest Apr 2012 #29
said the four term president Mason Dixon Apr 2012 #42
Your Point? n/t HangOnKids Apr 2012 #47
Just keep in mind: as of about 2 years ago, the New Deal was a Bad Thing DisgustipatedinCA Apr 2012 #68
Yes, the media pundits say so and they never (always) lie. freshwest Apr 2012 #78
Hating FDR on your 54th post already? freshwest Apr 2012 #48
if you think that is hate Mason Dixon Apr 2012 #76
Um....yeah SammyWinstonJack Apr 2012 #65
looks like the cat is saying "he's got the food so what can i do" leftyohiolib Apr 2012 #31
that's fdr's dog fala. HiPointDem Apr 2012 #66
They cut taxes and went to war. WTF did they think would happen? /nt think Apr 2012 #10
They told us that we'd all become rich beyond the dreams of averice!!!! Proud Liberal Dem Apr 2012 #12
props to you for working Dr. McCoy's quip in Star Trek IV! Tom1960 Apr 2012 #59
Thanks Proud Liberal Dem Apr 2012 #74
Was that where it came from! Great quote. freshwest Apr 2012 #79
Exactly what they intended to happen. There was no failure there: freshwest Apr 2012 #32
Whether deliberate or as a result of incompetence Proud Liberal Dem Apr 2012 #11
Same as it looked when it first happened. lonestarnot Apr 2012 #15
This message was self-deleted by its author freshwest Apr 2012 #19
Not Buying It ProfessorGAC Apr 2012 #21
Pretty much RZM Apr 2012 #53
This is the second bailout. DhhD Apr 2012 #60
Not A Terribly Interesting Reply ProfessorGAC Apr 2012 #95
gad. some conspiracy theories are so simplistic that it's embarassing. cali Apr 2012 #22
I get nervous when I see someone who is older than me suggesting this all began in "late 2006" NNN0LHI Apr 2012 #23
Yes bongbong Apr 2012 #28
Yeah, but I think the economic 'counter-revolution' entered a new phase in 2006. LongTomH Apr 2012 #33
I agree and disagree. Rozlee Apr 2012 #39
You got it....question now is what can we do to stop the madness.. Tippy Apr 2012 #46
why go to a ridiculous extreme? their greed and reckless indifference is obvious and bad enough. unblock Apr 2012 #24
You can add the second round in 2010 EC Apr 2012 #30
You're just realizing this now? Javaman Apr 2012 #34
It's the Shock Doctrine Lucy Goosey Apr 2012 #35
Yes, and it is a bipartisan effort. woo me with science Apr 2012 #38
The technique goes back before the founding of this country. freshwest Apr 2012 #80
gop marshall gaines Apr 2012 #36
"dims" shanti Apr 2012 #55
dims marshall gaines Apr 2012 #56
It's a deliberate restructuring by corporatists in both parties. woo me with science Apr 2012 #37
+1 HiPointDem Apr 2012 #69
The flip side is ... meeksgeek Apr 2012 #40
a little thin Mason Dixon Apr 2012 #41
except the economy didn't tank right after November 2008 hfojvt Apr 2012 #45
wow..just what I was thinking all this time Mockingjay Apr 2012 #49
Some DUers warned us about the financial crisis a couple of years before it happened. CJCRANE Apr 2012 #50
that's always been their plan . . . bankrupt the gummint. eom ellenfl Apr 2012 #51
a plan called PNAC ? Royal Sloan 09 Apr 2012 #54
I thought bUSH WAS DUMB. deaniac21 Apr 2012 #62
There's one big flaw in your theory jeff47 Apr 2012 #63
Bush appeared to be dumb, part of his schtick. He is actually a criminal genius Dont call me Shirley Apr 2012 #71
It doesn't take much competence to wreck something. rucky Apr 2012 #73
I always thought Bush was very lucky in that he was leaving as it was crashing... kentuck Apr 2012 #67
Well if you DON'T think it was deliberate........ socialist_n_TN Apr 2012 #81
So Obama was a willing partner in it when he extended TARP? Safetykitten Apr 2012 #86
Destroy the economy so when it comes time to fund "entitlements" they can say we can't afford it.n/t deacon Apr 2012 #87
Oh, brother zappaman Apr 2012 #88
They wanted a depression donheld Apr 2012 #89
More like thirty years in the making Sherman A1 Apr 2012 #90
Welll.. the recession started long before Obama took office. DCBob Apr 2012 #91
Its Grover Norquist's plan. JoePhilly Apr 2012 #92
Yes, the GOP worked with China to deliberately keep the Yuan artificially low... tjwash Apr 2012 #94
For any hypothesis to be valid, there needs to be a set of facts coalition_unwilling Apr 2012 #96

Enrique

(27,461 posts)
2. that's my overall attitude
Tue Apr 17, 2012, 09:06 AM
Apr 2012

I'm not sure about the specifics, and I don't think it's clear-cut GOP vs. Dems, but I think the greedheads' ideal situation is our current situation with record corporate profits and with workers struggling, big-time. And those two things are totally related, as you say. The greedhead bosses love desperate workers. And trashing the safety net just makes them more desperate.

Jackpine Radical

(45,274 posts)
5. Me too. But it's not the GOP so much as
Tue Apr 17, 2012, 09:16 AM
Apr 2012

the greedheads who finance them--and finance a number of Dems too.

The politicians are just the water carriers for the super-rich. It's enough to make you start wanting to revisit that New World Order business.

Jackpine Radical

(45,274 posts)
93. Just look to ALEC for a particularly egregious example
Wed Apr 18, 2012, 08:44 AM
Apr 2012

of corporate direction of politicians.

Everything that landed on Wisconsin had been dreamed up by the Corporate Overlords in the years before Walker's ascent to power.

 

RC

(25,592 posts)
9. So... What's your theory of what's going on with the economy?
Tue Apr 17, 2012, 09:29 AM
Apr 2012

And the Republican's roll in it?
How, when Clinton left office, the debt was scheduled to be paid off in 10 years. But when bu$h left, we were 16 Trillion dollars in debt.

 

slackmaster

(60,567 posts)
14. The economy is like a hunk of cheese, and we are all like rats.
Reply to RC (Reply #9)
Tue Apr 17, 2012, 10:01 AM
Apr 2012

It's gotten to the point where restrictions on the production of cheese have resulted in a shortage of cheese relative to the rat population.

 

bongbong

(5,436 posts)
26. Huh?
Tue Apr 17, 2012, 10:55 AM
Apr 2012

Some specifics on your conspiracy theory that the gov't is behind whatever you're imagining it is.

 

slackmaster

(60,567 posts)
57. The OP is the one promoting a conspiracy theory
Tue Apr 17, 2012, 03:51 PM
Apr 2012

I see unintended consequences of well-intentioned attempts to improve the human condition through consensus management of the behavior of individuals and of groups.

Th1onein

(8,514 posts)
58. Yeah! And tax cuts for the rich create jobs!
Tue Apr 17, 2012, 04:30 PM
Apr 2012

Sorry, no matter what terms you couch it in, it's still a rightwing meme.

alfredo

(60,075 posts)
61. Look at the history of recessions and you will see a recession at or near the beginning
Tue Apr 17, 2012, 04:37 PM
Apr 2012

of Republican administrations.

Recessions shift power from workers to bosses. A hungry man will accept anything to survive. It also puts fear into the employed workers. They will be working scared and will accept cuts in wages and benefits to keep their job.

 

slackmaster

(60,567 posts)
75. alfredo, what you wrote here is certainly true but not even close to the theory expressed in the OP
Tue Apr 17, 2012, 09:19 PM
Apr 2012

If you have ever taken a basic biology class I'm sure you must have heard that a successful parasite does not kill its host.

alfredo

(60,075 posts)
97. The saliva and agressive behavior makes it more likely to be spread to a new host.
Wed Apr 18, 2012, 01:04 PM
Apr 2012

The fear of water prevents the saliva from being diluted.

 

bongbong

(5,436 posts)
72. That's nice
Tue Apr 17, 2012, 07:13 PM
Apr 2012

I see much worse consequences from letting business & rich people get away with their plans to get every penny from everybody who isn't rich.

socialist_n_TN

(11,481 posts)
77. Well, you MIGHT be half right.........
Tue Apr 17, 2012, 11:03 PM
Apr 2012

Government yes, but at the behest of their owners, the rich capitalist pigs that run everything.

 

slackmaster

(60,567 posts)
85. The rich capitalist pigs have ALWAYS kind of run everything everywhere and they probably always will
Tue Apr 17, 2012, 11:58 PM
Apr 2012

But they aren't immortal, and they don't have godlike powers over things they can't control.

HughBeaumont

(24,461 posts)
6. The media played right along.
Tue Apr 17, 2012, 09:18 AM
Apr 2012

Jabba the Rush and Football-Field-Jaw Hannity were literally blaming Obama for the recession . . . two months before Obama began minute ONE of his term . . .

http://mediamatters.org/research/200811120011

Search me how one makes THAT canyon leap in logic, but there it is . . .

Every American worker and voter should read The Great Risk Shift by Jacob S Hacker. This was a 32-year plan that spot-welded a Laissez-fail economic plan and government, which started with Reagan's union-busting and culminated with the handing of the Kingdom's Keys to the financial neo-fascists. Everything that used to be the responsibility of the employer is now the financial responsibility of the worker, which is why the middle/working/poor have made ZERO wage gains in 32 years. They threw out the Social Contract years ago and left us holding the bag.

Demonaut

(8,924 posts)
7. sometimes I wonder if they're smart enough to pull off a plan like this
Tue Apr 17, 2012, 09:26 AM
Apr 2012

but I think a few at the very top are

CJCRANE

(18,184 posts)
70. Just ask yourself who's getting richer
Tue Apr 17, 2012, 05:46 PM
Apr 2012

and by how much?



They're smart enough to pull the strings in their favor. Either that or they're very lucky.

 

TheMastersNemesis

(10,602 posts)
8. By Mid 2006 Things Were Obvious
Tue Apr 17, 2012, 09:28 AM
Apr 2012

By 2006 it was obvious that something was going on. There are a lot a of things about the labor stats that are not immediately obvious that the public would not see. For one Bush and his administration eliminated the "mass layoff" report from the national data. So even though you could show job increases there was no information about layoffs. The media and the corporations were hiding how many they were laying off. The other factor was the continuing massive and unreported outsourcing. The other factor was that we were getting over 100,000 per month in new immigration. There was a lot of jobs being converted to contract labor. Workers being downgraded in their jobs were still being reported as employed.

Housing prices were rising too fast and people were borrowing to guy real estate they could turn over. Plus I noticed that loans were being just passed on. And it looked like paper was being passed on and commissions were being paid on the higher value of the housing.

When I read the business section of the papers I could see the labor picture being glossed over.

The Bush administration ignored and covered up a lot of things. The patterns that I was seeing in labor had been going on for years and nothing had changed since I left the labor department.

So the guy who put up the tin foil hat picture can believe what he wants. He is probably a troll. At least the cat is cute.

Proud Liberal Dem

(24,426 posts)
13. A LOT of things seem to have been covered up (or papered over)
Tue Apr 17, 2012, 09:44 AM
Apr 2012

during the Bush (mis-)administration. I imagine that it may be decades before we know the full extent of the damage that the Bush (mis-)administration inflicted on this country.

HughBeaumont

(24,461 posts)
16. I tracked monthly job creation stats off of the BLS for all of last decade.
Tue Apr 17, 2012, 10:18 AM
Apr 2012

If one looks at the data, the strongest period of job creation during the Failure Fuhrer's admin was between April of 2004 (not coincidentally, his re-election year) and April 2006. The stats were good enough to get him safely back in office (that and some supremely dubious intervention by our purchased media and Ken Blackwell) and the fascists set forth to their cash-n-carry agenda.

The wheels started coming off of the track for labor in May of 2006. From then on, the 140-150 thousand jobs per month stat needed to keep up with incoming/outgoing workers to the labor force was met a whopping FOUR times. After the last meeting of that quota (November 2007), the labor purge and secret cash-in by the financiers had begun. The Failure Fuhrer was handing even MORE of the largesse to the wealthy while corporations were purging their labor by the multiple thousands. Save Bernie Madoff, all they pretty much got was away with it. Oh, and more billions in wealth and bonuses.

freshwest

(53,661 posts)
29. I remember when the death of manufacturing was completed, and the Bush administration re-classified
Tue Apr 17, 2012, 11:07 AM
Apr 2012

Manufacturing jobs to include putting together hamburgers in fast food joints. They were that blatant about it, sneering in the faces of those who dared to complain.

After they closed factories and sold the equipment, we saw tool and dies to create things from scratch, auctioned off to China. We've been left, except in the military production facilities, with about as much means as the Cubans had after years of embargo. It's been like reinventing the wheel here. The most basic of things have to be imported, like in colonial days. But we have no monarch to rebel against now.

We can see how the GOP squealed when Obama fought to revitalize the auto industry, how they've ridiculed in their private mass media, his every attempt to bring manufacturing back here. He's been trying to do quietly a New Deal, but doesn't have the same advantages that FDR. The public is brainwashed and unwilling to act as the United States.

Mentions of tin foil and the NWO? Well, FDR fought against that in his day and the GOP wants to bring it. Not wearing swastikas and goose stepping, but a corporatist state built of unaccountable and undemocratic institutions with more wealth than entire nations. Looks like a duck, walks like a duck...



These are the words carved in granite behind him:

They (who) seek to establish a system of government based on the regimentation of all human beings by a handful of individual rulers...call this a new order. It is not new and it is not order.

Of course, he was speaking of the Nazis. Whether we use the NWO terminology of wackos or not, a world wide corporate state is materializing. It's fiercely anti-democratic, more like an aristocratic system. We call it the plutocracy, but in the end, it sets up one group of human beings so high above the others, it may as well be called royalty.

As always, the most powerful succeed because they are united while we are fighting with each other.

 

DisgustipatedinCA

(12,530 posts)
68. Just keep in mind: as of about 2 years ago, the New Deal was a Bad Thing
Tue Apr 17, 2012, 05:18 PM
Apr 2012

It was always a Good Thing before that because, you know, it saved the country and stuff. But now, with the ascendance of the Bagger Class and their tagalong Glenn Beck, the New Deal is now, and always was, a Bad Thing. And we've always been at war with Oceana.

freshwest

(53,661 posts)
78. Yes, the media pundits say so and they never (always) lie.
Tue Apr 17, 2012, 11:10 PM
Apr 2012

And those 4 terms ruined the country, yes they did. I wish Obama would get 4 terms, he can't dig us out of this mess in 4 years.

But then, there's always Mittens, who can return our nation to the greatness that it once was, except it'll be the Great Depression.

To hell with FDR and all that communist stuff.


 

Mason Dixon

(82 posts)
76. if you think that is hate
Tue Apr 17, 2012, 10:52 PM
Apr 2012

you must live in a wonderful world

And if you think I'm a hater only if I'm not a lover, well I can live with that.

I just found it a little hypocritical. But its cool, it's not like he didn't lead the nation thru some of its darkest hours and certainly isn't the only President guilty of hypocrisy.

Proud Liberal Dem

(24,426 posts)
12. They told us that we'd all become rich beyond the dreams of averice!!!!
Tue Apr 17, 2012, 09:39 AM
Apr 2012


It would be nice if we could sue everybody whom voted for all that stuff for fraud (since things didn't end up the way they said it would)? Too many of them are, inexplicably, still in office.

Proud Liberal Dem

(24,426 posts)
74. Thanks
Tue Apr 17, 2012, 08:38 PM
Apr 2012


I heard that somewhere but I didn't remember from where until you reminded me. That's one of my favorite ST movies!

Proud Liberal Dem

(24,426 posts)
11. Whether deliberate or as a result of incompetence
Tue Apr 17, 2012, 09:34 AM
Apr 2012

Republicans always seem to relish the opportunity to use a recession and/or economic downturn as an opportunity to portray themselves as being fiscally responsible "deficit hawks" and attempt to force austerity on this country, which usually means taking swipes at Social Security, Medicaid, and social programs in general- while, of course, never addressing the bloat and inefficiencies of any other kinds of significant government spending (i.e. military spending). Hell, the country doesn't even have to be doing that bad. There just has to be a Democrat in the WH in order to gin up a bunch of outrage over their economic policies- which are bad to them no matter what they are.

Response to TheMastersNemesis (Original post)

ProfessorGAC

(65,134 posts)
21. Not Buying It
Tue Apr 17, 2012, 10:37 AM
Apr 2012

Your entire scenario requires us to totally discount the possibility of incompetence and ignorance.

My experience indicates we can never underestimate the overconfidence of those who espouse conservative economics. In their "infinite wisdom" they are often so sure what they believe will work, that sheer arrogance or ignorance leads to unintended consequences.

That doesn't make it an inside job. It means it was grossly mismanaged. That is more what i see.
GAC

 

RZM

(8,556 posts)
53. Pretty much
Tue Apr 17, 2012, 12:59 PM
Apr 2012

This is why conspiracy theories almost always break down. What's more likely? The idea that it's some expertly-orchestrated conspiracy or that the people responsible don't know what they are doing and/or are doing the wrong thing?

LOL. Somebody once told me that: 'The problem with standing on the shoulders of giants is that the giants themselves are often complete morons.'

It's not so different from 9/11 conspiracies. It may be fun to believe that Bush pulled it off, but I think it's much more likely that our anti-terror and air security apparatuses/policies had some glaring flaws that could be exploited.

NNN0LHI

(67,190 posts)
23. I get nervous when I see someone who is older than me suggesting this all began in "late 2006"
Tue Apr 17, 2012, 10:40 AM
Apr 2012

Might have all began for a lot of people about then, but it sure as heck didn't start for me then. More like 1981 for me. Reagan convinced people that being anti-union was cool. About the same time everyone's wages and benefits froze in place or declined.

I have a neighbor who always complains that the best jobs his sons can find is $10 an hour. This fellow has had two newer imported cars in his garage for over 20 years since he moved out here. Now he can't figure out why wages are so low. Its a mystery to him.

This much damage could not have been done in 6 years.

Don


 

bongbong

(5,436 posts)
28. Yes
Tue Apr 17, 2012, 10:58 AM
Apr 2012

Reminds me of a bumper sticker that was popular 20+ years ago.

"Hungry? Eat your foreign car!"

We aren't going to seeing sentiments like that again in the "New World Order".

LongTomH

(8,636 posts)
33. Yeah, but I think the economic 'counter-revolution' entered a new phase in 2006.
Tue Apr 17, 2012, 11:15 AM
Apr 2012

Actually, a lot of it started with Richard M. Nixon (of accursed memory!). Read Naomi Klein's: The Shock Doctrine: The Rise of Disaster Capitalism.

Rozlee

(2,529 posts)
39. I agree and disagree.
Tue Apr 17, 2012, 11:31 AM
Apr 2012

Reagan set and entrenched supply side economics. That started the downward spiral. Clinton briefly stopped it by raising taxes on the rich and creating over 20 million new well-paying jobs. Then, he fell asleep at the switch and signed in the Gramm-Leach-Bliley Act that overthrew the Glass-Steagall Act. I'm trying to remember who it was that said that if the Glass-Steagall Act was repealed, we'd have another depression in ten years or so. He was close. It was more like six or seven years.

unblock

(52,286 posts)
24. why go to a ridiculous extreme? their greed and reckless indifference is obvious and bad enough.
Tue Apr 17, 2012, 10:41 AM
Apr 2012

the idea that they wanted a recession is really over the top. many well-off people lose out big in a recession, and politically, this one has been quite damaging to the republican brand.

no, this recession had its roots in the republican philosophy that the government should be recklessly indifferent to corporate greed and its external (third-party) effects. they're committed to the notion that greedy corporations should be able to grab as much loot as they can, however they can, even if a wrong bet throws the economy into a tailspin. why? because greedy corporations share the loot with those who defend their greedy philosophy.

isn't that damning enough?

just because rich enough people ALWAYS have opportunities to get even more rich doesn't mean they prefer the ones associated with a recession.

EC

(12,287 posts)
30. You can add the second round in 2010
Tue Apr 17, 2012, 11:09 AM
Apr 2012

when the new repub govs started getting rid of teachers, nurses, firemen and cops. Huge job losses.

Javaman

(62,532 posts)
34. You're just realizing this now?
Tue Apr 17, 2012, 11:19 AM
Apr 2012

Last edited Wed Apr 18, 2012, 09:11 AM - Edit history (1)

of course it's been their mission. It's been their mission for the last 40 years.

They want to dismantle anything that is part of the Democratic Parties platform.

And to them, if there is a recession/depression, so be it.

They have always believed in the scorched earth policy.

They are of the belief that once everything is completely torn down, they can rebuild it all from scratch in the image of the GOP/corporation.

You have to look at the bigger picture. Their mission wasn't to make sure a recession started or that it was somehow manufactured by them. No, it was just part of their over-arching plan. Recessions and Depressions are just collateral damage to them and it's just one of the many parts of their platform to re-engineer society.

Lucy Goosey

(2,940 posts)
35. It's the Shock Doctrine
Tue Apr 17, 2012, 11:23 AM
Apr 2012

Right wing idealogues set up a recession by cutting revenue, then seize on the the "crisis" of deficit as an excuse to privatise public assets and to make sweeping cuts to government services and workers' rights.

woo me with science

(32,139 posts)
38. Yes, and it is a bipartisan effort.
Tue Apr 17, 2012, 11:30 AM
Apr 2012

As long as we ignore Democratic complicity in all this, we will never be able to take a stand and stop it.

 

marshall gaines

(347 posts)
36. gop
Tue Apr 17, 2012, 11:24 AM
Apr 2012

the gop'ers want our wages and no benefits on par with third world nations like some of those found in Africa, Caribbean, South and Central America.so we can be "controlled" better. I daresay some dims are guiding that ship also.

 

marshall gaines

(347 posts)
56. dims
Tue Apr 17, 2012, 03:13 PM
Apr 2012

oh I've been so frustrated and betrayed by the Democratic Party leadership since 2000 that my sarcasm has gotten the best of me. Repugs and Dims are all we(the people) have and we deserve better. Just how I feel about one political party

woo me with science

(32,139 posts)
37. It's a deliberate restructuring by corporatists in both parties.
Tue Apr 17, 2012, 11:27 AM
Apr 2012

This is not a case of everyone hurting. This is a deliberate restructuring of where the money goes. Corporate profits have never been higher.

Absolutely it is orchestrated, with a goal of changing our view of normal:

50 Percent Pay Cuts at GE's Plants: Is This the Future of American Jobs?
http://www.democraticunderground.com/1002573228

meeksgeek

(1,214 posts)
40. The flip side is ...
Tue Apr 17, 2012, 11:31 AM
Apr 2012

People like me, who were completely blindsided by the long-term unemployment/underemployment situation, simply stopped paying credit card bills, among other things. It was hilarious to hear my creditors reminding me that my credit score was going to suffer... no kidding.

The money just wasn't - and still isn't - there.

I sold my car because I could not make the payments, pay for repairs, insurance, or even gasoline. I now ride the bus, the train, or I walk. I rode a bike until it was stolen... If anybody in the 1% thinks this is a viable long-term solution, they are in for a shock. People like me (college-educated, formerly a corporate drone making a decent salary) no longer spend money on frivolous things like sushi, big-screen televisions or weekend trips to the beach. The money I am able to earn - which isn't a lot - goes to basic needs like rent, utilities, and food. Our economy is dependent on revolving credit, impulse buys and non-essential goods and those are not things I spend money on anymore.

So, if they *did* conspire to orchestrate this recession, it has backfired in the long run. It will not line their pockets forever.

Signed, a former sub-prime mortgage company employee.

 

Mason Dixon

(82 posts)
41. a little thin
Tue Apr 17, 2012, 11:47 AM
Apr 2012

Democrats had taken control of both houses in 2006

and Senator Obama voted for TARP

Besides if Bush had that much power with a Democrat Congress, why doesn't Obama with half a congress.

and the answer is not the media

hfojvt

(37,573 posts)
45. except the economy didn't tank right after November 2008
Tue Apr 17, 2012, 11:54 AM
Apr 2012
http://www.democraticunderground.com/1002129028

The economy lost over 1 million jobs in the 3rd quarter of 2008, the 3rd quarter, which ended in September 2008 at least a month before the election. The economy was already acknowledged to be weak in January 2008. So weak, that even Bush and Republicans signed off on a $154 billion stimulus (tax rebates, most of which went to the rich).

Mockingjay

(31 posts)
49. wow..just what I was thinking all this time
Tue Apr 17, 2012, 12:24 PM
Apr 2012

I agree with just about everyone here.....what has me perplexed is that it has taken this long for people to see what the GOP agenda has been doing for the past thirty years and more. Ifyou try to talk about this to any Republican you know.... thier eyes glaze over and then they become hostile or they just don't want to talk about it. There is so much denial out there. I just don't think we can fix it anymore. Without a major revolution or uprising..we are headed towards totalitarian/fascits rule, or something like it.

There is only so much one President can do...when people that are supposed to be on his side turn their back and do nothing to help make the case. President Obama has had to fight from all directions. He may be our only hope to stop this GOP frieght train.... if people would just stop and listen and look what damage has been done all these years, bit by bit.

I laugh when people say now they are independant....it's a cop out if you ask me.....independant from what? when we live in a police state!!!!!!!

CJCRANE

(18,184 posts)
50. Some DUers warned us about the financial crisis a couple of years before it happened.
Tue Apr 17, 2012, 12:33 PM
Apr 2012

They mentioned many of the same reasons. Of course they were called "doom-mongers" and "conspiracy theorists".

I wasn't totally convinced but I did start paying down my debts in mid-2006. I knew the economy wouldn't improve under Bushco's laissez-faire policies.

Royal Sloan 09

(406 posts)
54. a plan called PNAC ?
Tue Apr 17, 2012, 01:06 PM
Apr 2012

(Project for a New American Century), a republican manifesto, contains the plans for the current and future republicans actions. It might still be available, or they may have remove the traces of it's existence. (google/Wiki it)

Seems to be what the republicans have been following since before 2000 elections, to the today's current events.

On the other hand, it's could be just plain old tyranny against the American middle class.

Dont call me Shirley

(10,998 posts)
71. Bush appeared to be dumb, part of his schtick. He is actually a criminal genius
Tue Apr 17, 2012, 06:33 PM
Apr 2012

along with his whole extended family, psychopathic geniuses; a very scary combo.

kentuck

(111,107 posts)
67. I always thought Bush was very lucky in that he was leaving as it was crashing...
Tue Apr 17, 2012, 05:15 PM
Apr 2012

What if it had happened two years before? What would Dubya and the Republicans have done? A stroke of luck for them that Obama was coming into the mess.

socialist_n_TN

(11,481 posts)
81. Well if you DON'T think it was deliberate........
Tue Apr 17, 2012, 11:18 PM
Apr 2012

read "The Shock Doctrine-The Rise of Disaster Capitalism" by Naomi Klein. What we're living through now is what that book is all about. They tried it out in Latin America, then Russia and the former Soviet Bloc, all preparation for the big enchilada, the USA. The wealthy capitalists not only knew it was coming, they set it up from the beginning. The TIMING was the only uncertainty, but they knew that it would happen eventually. So yes, it WAS set up.

Sherman A1

(38,958 posts)
90. More like thirty years in the making
Wed Apr 18, 2012, 06:14 AM
Apr 2012

it has been a concerted effort to screw the working class for 30+ years. It may have come to fruition at this time, but I doubt that it was planned just to dump it on Obama.

DCBob

(24,689 posts)
91. Welll.. the recession started long before Obama took office.
Wed Apr 18, 2012, 06:22 AM
Apr 2012

In fact the recession and banking crisis probably helped Obama win. McCain/Dingbat were on the rise prior to the crisis.

JoePhilly

(27,787 posts)
92. Its Grover Norquist's plan.
Wed Apr 18, 2012, 08:21 AM
Apr 2012

Bankrupt the country and use it as an excuse to kill Social Security and Medicare.

Been the plan for decades.

tjwash

(8,219 posts)
94. Yes, the GOP worked with China to deliberately keep the Yuan artificially low...
Wed Apr 18, 2012, 08:50 AM
Apr 2012

...so that they could undercut the Euro and European manufacturing base and cause a cascading economic wave of devaluation through the international monetary markets.

They are not that smart and don't have that much power.

 

coalition_unwilling

(14,180 posts)
96. For any hypothesis to be valid, there needs to be a set of facts
Wed Apr 18, 2012, 12:30 PM
Apr 2012

such that would 'falsify' (or disprove) the hypothesis, according to noted philosopher of science Karl Popper. So my question to you is, what set of facts, if any, would make your hypothesis invalid.

President Clinton presided over the dismantling of Glass-Steagall. Was Clinton also a part of the plot?

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