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New economic system, let it crash... it won't affect me.. we are bailing the rich

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 12:22 AM
Original message
New economic system, let it crash... it won't affect me.. we are bailing the rich
and my favorite... they caused it.

So let me address some of this point by point

New Economic System: I am assuming socialism.

So what do you want? A marxist system? With a full command economy? That may imply some other things like methods of the police state to control a population that may or may not be willing to go along. Mind you... this is utopia, for the same reasons capitalism is utopia. Get this through your heads, we do NOT live in a capitalist system. Haven't for decades now.

Now if you are talking socialism... with a mixed economy... now THAT is doable... it's been done... called the New Deal and the 1950s and 1960s saw it flourishing. We had over 300 oil companies, for example, today we have 8... so tell me how is that capitalist? It is not. But much of the mission critical elements of the economy were in the hands of the state... so when you paid your power bill it WAS a public company, not a private one. Oh and taxation to the upper 1% was down right nasty, 90%... read some history... that is DOABLE.. but leave the S word at home... that is still scary to way too many people.

My question to all of you is HOW ARE YOU GOING TO GET THERE? Posting on DU is going to get you nowhere. So are you willing to take to the streets? March, fight the cops... get tasered and tear gassed? That is what it took to get the New Deal... save the tasers. but billy clubs were just as bad. And yes, people died.

Now to the let it crash crowd... are you fucking nuts? If this does not work you will be dreaming of the bad old days of the spring of this year before it is over. You have NO CLUE what that would do to the country, that is WHY they are trying to do something. Now here is what you need to do though. You need to MAN those phones and contact anybody you can think in power and make your demands known, and BE WILLING TO TAKE TO THE STREETS

Now the Wont Affect ME crowd is truly delusional... and if the shoe fits, so be it.

We are bailing the rich... well partially yes... and I am sure there is a prosecution or two in there (malfesance and fraud come to mind) But even the rich will be suffering. I know you will get the violins out... and partially I will too... but this is the result of RIGHT WING ECONOMICS. You have a UNIQUE historical chance to talk down to the neighbors and get some CLASS UNITY going, to use an old Marxist term... but eating the rich will get you a new set of bosses, and by the way glorious revolutions involve skulking in the dead of night and shooting your neighbor. There is no honor, or glory, in a civil war, and if you think there is... then by all means... go for it... but do it for real... I am getting tired of the 101st keyboard commandos who just bitch and moan and dream of what it could be but don't put in the physical work.

Oh and finally the.. but they caused it... boys and girls this defies everything I know about human self preservation. Yes, they will use it to try to get their plans in motion... why YOU NEED TO MAN PHONES AND BE READY TO STRIKE ON A MOMENTS NOTICE... but they did not cause it

I will recommend you start readying on WHAT led to the Great Depression, or the Grant Depression. The causes are very similar... to what is going on right now. They did not cause it... the party of business is not going to crash the economy literally weeks before the election. If anything, they've been trying to stop this for a while... or until after the election. This is the worst case scenario for those who understand how this works.

Now I am sure I will continue to do a lot of this over the coming weeks

:banghead:

One thing we definitely need to do is rebuild the educational system... that and national health care are priorities. OIF
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 12:55 AM
Response to Original message
1. Why was the Glass Stegal Act repealed? What did they remove the restriction of
shorting on the down tick? Why was uncovered short selling allowed?

Why were loans given to people who couldn't afford those loans? 20 years ago those loans would have never been issued

So we are suppossed to bail out companies that didn't follow good business practices?

After 9/11, millions were given to the airline industry. Other than tremendous airline CEO packages, how did those millions help the airline industry?

Why should we reward companies that have been mismanaged?

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:01 AM
Response to Reply #1
2. Why was Taft Haley Passed in 1947?
RIGHT WING free market religion, that is why.

Here is my point... we need to survive this storm

And by the way there were prosecutions after 1929... it just took ten years

I am betting that if we get a willing AG... we can get that going... but it will take that long... the forensics alone take MANY people and years to go through
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:07 AM
Response to Reply #2
6. Companies who are badly managed should NOT be proped up
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:13 AM
Response to Reply #6
11. In principle I agree, why companies that are too big to fail should not exist
the legislation, all that antitrust laws... has to be dusted off and liberally used

Why haven;t they been used? RIGHT WING FUNDAMENTALISM

This is what we have lived under for 25 years... yes that includes the clinton years
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:15 AM
Response to Reply #11
13. All I ask Congress to do if they pass this bailout is at the same time repeal Gramm-Leach-Bliley
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:17 AM
Response to Reply #13
15. CALL them, don't tell me
I spent a good two hours Friday calling Congress critters and I suspect I will spend that much this coming monday if not more

Organize your neighbors and march on the local federal building

Posting it here, beyond letting others know, will do squat
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:21 AM
Response to Reply #15
16. I plan to email them tomorrow. I also want them to limit the maximum interest
for credit cards

none of this 30% B.S.

You and I have no disagreement

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:27 AM
Response to Reply #16
19. Good, you may want to start with some lawas in the books
rarely enforced...

Ah start with the Sherman Antitrust law

Yes, add the info from WIKI... I fear our reps know squat about this

http://en.wikipedia.org/wiki/Sherman_Antitrust_Act

Demand that they get the Labor Relations Board back where it was BEFORE Reagan

We need to bring back the Wagner Act, and include in it the new law labor wanted to organize... and hold votes

Oh and get rid of Taft Hatley, which started the right to work state shit

And of course all this needs to be brought up to date and USED

Oh and Davis Bacon also needs to be updated and we need new legislation establishing living wages in lieu of minimum wage laws



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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:50 AM
Response to Reply #19
28. I just wrote the email to my Senators, and Congress Person rather than wait tomorrow
I will contact them by phone on Monday with the issues you brought up


Thanks



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illuminaughty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:27 AM
Response to Reply #19
34. Just e-mailed all reps....will start the calls
Reminds me of DU 2004, when we were begging fellow posters to contact Senators to get JUST ONE to stand up and object the election. I spent hours filling voice mails of all the senators. It's easy to do, but it needs to be en masse. Doesn't matter if it's your senator or not. CALL...leave a message...We got one lone Senator, Senator Barbara Boxer to stand up, but DO something.
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coalition_unwilling Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:26 AM
Response to Reply #2
18. You mean "Taft-Hartley," I assume? Before
Edited on Sun Sep-21-08 01:28 AM by coalition_unwilling
you start lecturing others on "magical thinking," it would behoove you to get your legislation citations correct.

N.B. The New Deal did not see any socialism. If anything, FDR saved capitalism, something the RW conveniently forgets.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:28 AM
Response to Reply #18
20. That is why they did all they could to repeal the 1930s legislation
by the way... tell me are we living in a capitalist society? Please do cite, liberally if you want, from Adam Smith... and especially when it refers to Monopolies
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coalition_unwilling Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:39 AM
Response to Reply #20
25. "Capitalism": the means of production
are privately held. "Socialism": public ownership of the means of production.

Which, in your opimion, best describes the current US economy???
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:46 AM
Response to Reply #25
27. Corporatism
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coalition_unwilling Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:15 AM
Response to Reply #27
32. Oh please, "corporatism" describes an
extreme form of capitalism, but it's still CAPITALISM: the private ownership of the means of production.

As Obama says, "You can put lipstick on a pig . . . "

Your sophistry ill becomes you.

N.B. I live in the district of that noted war pig, corporatist Jane Harman. Think I should waste my time contacting that DINO???
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:46 PM
Response to Reply #32
36. Yes, you should
every one

And no CORPORATISI IS NOT CAPITALISM

Spend some time READYNG Adam Smith and other Classic economics

Have a good life
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EmeraldCityGrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:02 AM
Response to Reply #1
4. We shouldn't. The American people have yet to say "ENOUGH" and mean it.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:12 AM
Response to Reply #4
10. I agree. You would think they would at least repeal the Gramm-Leach-Bliley Act
as part of the package
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gate of the sun Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:29 PM
Response to Reply #4
85. agreed.
just doing some theraputic posting.....it's been mostly years since I posted but am so upset and need an outlet. The interesting thing is how do american people say enough and be heard and responded to? This seems to be pretty much absent in the last 8 years. So what now, we are at an extreme moment of crisis how do we say it's enough???
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 10:54 PM
Response to Reply #85
93. We may (will) need to do more than just post on a site
we need to take to the streets

Now do write your critters... and call them in the morning
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drm604 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:02 AM
Response to Original message
3. Thank You
It's refreshing to see some sanity on here.

I can't believe the number of people who think this whole thing was planned. Believing that means believing that the planners believe that they can actually control something like this once it starts.

They would never risk something like this. It's too uncontrollable and too unpredictable. A market crash is the result of the actions of thousands of institutions and millions of individual investors who are selling in panic. It's not something that can be controlled, and there's no guarantee that a bailout will work.

Starting something like this would be suicidal.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:08 AM
Response to Reply #3
7. It is magical thinking driven by absolute fear
As to the run on banks, I think (as somebody else observed this week) it's already happened, it was electronic


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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:14 AM
Response to Reply #3
12. Then why as part of the package don't they repeal the Gramm-Leach-Bliley Act?
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gate of the sun Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:34 PM
Response to Reply #3
86.  I think you post is incredibly off base
I think the bad behavior and creed ruled the market and they knew they were essentially broke and the knew they put out all these morgages that would take a bad turn and I say bullshit they intended to bankrupt the american people and this has all been about bucking up the rich .
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Wiley50 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:05 AM
Response to Original message
5. Read this, Nadin and then get back to me
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:12 AM
Response to Reply #5
9. I know what happened, and Mr. Krugman put in quite the comical terms
this week, yesterday to be exact...

Commissar Paulson took over the means of production

(Truly of finance but you get the picture)

I know what this has done... I also know what WILL happen if this does not work

It will make the spring of this year look like the good ol' days

Are we broke? yes... but to anybody wishing for a complete crash, they;re nuts


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Wiley50 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:32 AM
Response to Reply #9
22. I prefer this:
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:40 AM
Response to Reply #22
26. This is KEYNES all the way
and in an ideal world we'd stop trading for a couple of weeks until we figure out what to do

I don't like what they are doing.. I also know that I will be making many calls (AGAIN) on Monday to those in charge.

Now you want that implemented... fine. you prefer it, what are you willing to do to get this?


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Wiley50 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:51 AM
Response to Reply #26
29. I'm disabled. I'm limited to phone calls and emails n/t
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:50 PM
Response to Reply #29
40. Good enough for me
It starts somewhere
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coalition_unwilling Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:53 AM
Response to Reply #9
30. 3 million killed by the US in SE Asia,
1 million killed by the US in Iraq. Not to mention the Central American wars of the 80s.

I say the US upper- and middle classes deserve a serious ass-kicking for that alone.
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prayin4rain Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:11 AM
Response to Original message
8. I agree, we do not want a civil war.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:16 AM
Response to Reply #8
14. Why am I reminded even more of oh... Hoover's policies?
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MsTryska Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:23 AM
Response to Original message
17. I would just like to say that...
I love your economic posts!

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:29 AM
Response to Reply #17
21. You welcome, I should start giving people links
to really basic stuff.. we really need an education in this country

:-(
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MsTryska Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:19 AM
Response to Reply #21
33. if there was only a way to couch
the language in such a way that it made for good bumper sticker slogans, it would be easier to make our fellow citizens understand.

I hate to say that, but sadly it's true. we dumb.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:48 PM
Response to Reply #33
39. Been talking about it with family
in the 1930s people got it at a gut level... and there was no colledge educated masses

People had a better clue of how the economy worked

These days... we are better "educated" but far more ignorant. It is down right scary
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MsTryska Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 03:46 PM
Response to Reply #39
42. And the game has become Byzantine
Edited on Sun Sep-21-08 03:46 PM by MsTryska
upthread a Mandatory High School course was suggested. That is a great idea, but would the Lobbyists ever allow it on a Federal level? highly unlikely - perhaps on a state by state level. Or even a School district by School District level.
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An Intellectual Donating Member (209 posts) Send PM | Profile | Ignore Sun Sep-21-08 01:33 AM
Response to Original message
23. Don't give our past presidents too much credit; even though the top rate was at 90%...
Edited on Sun Sep-21-08 01:34 AM by An Intellectual
...practically no one paid anything close to 90% due to the incredible loopholes which were in place back then. In other words, rich capitalists have always owned this country. :mad:
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:38 AM
Response to Reply #23
24. Why the loopholes were removed in '61 and the rate dropped to 70%
it was still too horrible for these folks

By the way... answer this question, if you want a real revolution... and I mean the take to the streets, go to war, kind.. what are you doing here?

Oh and note to the ignorant

But something is wrong. The income gap is growing faster in the United States than in any other developed nation. Between 1990 and 2000 in the U.S. worker pay and inflation remained approximately equal, while corporate profits rose 93% and CEO pay rose 571%. Meanwhile, the portion of federal revenue derived from corporate income tax has decreased from 33% in the 1950s to 11.9% in 2005, reaching a low of 7.4% in 2003. Hundreds of companies have avoided taxes by relocating to tax havens such as Bermuda and the Cayman Islands. Eighty-two of our largest corporations paid no tax in at least one of the first three years of the Bush administration.

http://www.stwr.org/poverty-inequality/the-income-gap-profits-up-93-ceo-pay-up-571-worker-salaries-stagnant.html

By the way in the 1950s that differential was not that sharp... why is that?

Oh yes, I forgot, we lived in a more equitable society with a STRONG labor movement


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fla nocount Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:10 AM
Response to Original message
31. Crash and burn baby, let's get it over with.
This has been done before but it was done from scratch. We are not going to reform or conform the financial or geopolitical situation we find ourselves in by posting at DU. "Change" means different from that which has passed. We must first let it pass and it will be with no permission or input from us, We The People.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:46 PM
Response to Reply #31
37. I truy hope you enjoy your pink slip
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greblc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:02 PM
Response to Reply #37
115. I could use some time off. I enjoy camping too!
Your insight is wonderful but I'm not afraid. I can see the bottom from where I'm at and it will not bother me to share the view with a few suits.
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Captiosus Donating Member (711 posts) Send PM | Profile | Ignore Sun Sep-21-08 02:29 AM
Response to Original message
35. "I am getting tired of the 101st keyboard commandos who just
bitch and moan and dream of what it could be but don't put in the physical work."

"Posting on DU is going to get you nowhere."

Says the person who has posted multiple 500-1000, or more, word posts on the exact same topic, with the exact same substance. Anyone who has disagreed with you or offered a different perspective is deemed wrong, or, in your latest salvo, poorly educated.

You, sir, are the Two-Star General in charge of the 101st Keyboard Commando Brigade.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 01:47 PM
Response to Reply #35
38. So exactly what HAVE YOU DONE
this week?

SOLDIER
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:09 PM
Response to Original message
41. They are secular end-timers, little different from fundies waiting for the rapture.
Marxist-Leninist "make the system collapse in order to cause the great revolution" thinking is merely a secularized version of Judeo-Christian End-Times theology. It's annoying as hell. I'm a socialist, but I'm no Marxist; IMO Marxism has greatly damaged the socialist movement and this is one of the reasons why.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:19 PM
Response to Reply #41
43. Well we have two major secular religions here
the RIGHT wing The market works (until we need a bailout), and the Left wing let it burn crowd

Same type of thinking, but you are right

Now if this truly crashes I fear for the future even more
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Hardrada Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 10:54 PM
Response to Reply #43
94. There's another one not too far away; Die Fahne Hoch
Die Reihen sind geschlossen! No we probably don't want a crash.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:30 PM
Response to Reply #94
97. true... but we have plenty of secular armageddon fans round these parts
it is unfrigging amazing
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neverforget Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:38 PM
Response to Original message
44. Sorry but this bill isn't going to stop what is coming which is a meltdown.
I don't want it to happen but this is the price WE are going to pay for living on credit for decades. This is going to be painful AND this plan is not going to fix it.

I'm with Paul Krugman's blog on this NO DEAL! and his latest Thinking the Bailout Through


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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:44 PM
Response to Reply #44
45. Part of his answer
It now appears that isn’t happening, and public intervention is needed. But in that case, shouldn’t the public intervention also be at stage 2 — that is, shouldn’t it take the form of public injections of capital, in return for a stake in the upside?

In my view this means a couple things

(By the way addressed this in letter to congress already)

1.- Keep homeowners at HOME... bottom up economics

2.- WE get a stake, as in a major stake in these companies

By the way... WRITE your congress critters and make your thoughts known and do it TODAY

And CALL them tomorrow
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neverforget Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:47 PM
Response to Reply #45
46. I already wrote my congress critters and i emailed the banking committees
in the house and senate yesterday. I am calling tomorrow voice my outrage at this.
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Tutonic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:50 PM
Response to Original message
47. Gonna agree with you. It will bankrupt our country but we've been
down that road before.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 05:53 PM
Response to Original message
48. Let it crash. Bring it down. Fuck the rich, the speculators the usurers and the
Edited on Sun Sep-21-08 05:54 PM by cliffordu
scumsucking politicians who are bought and sold like so many coke whores.....

They've stolen my country. I want it back.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 06:08 PM
Response to Reply #48
49. Hope you enjoy cardboard and a pink slip
that is what the crash will do
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 06:37 PM
Response to Reply #49
50. I'm already at the bottom of the bottom...but i have absolutely no debt...
and I own the '83 airstream I live in....

And two acres I rent going into a garden in the spring.

people here have been buying bulk with this in mind for some time - earthquakes and all and the Katrina lesson.....


I don't give a shit. I lived in cardboard before, and I can do it again. I like rat meat.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 06:49 PM
Response to Reply #50
51. GOOD FOR YOU
things can still get far worst than you have them NOW

But your attitude is, I got mine, FUCK THE REST

How ahem, progressive of you
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 06:58 PM
Response to Reply #51
52. I lost EVERYTHING due to illness...I sold the house minutes before foreclosure...
Edited on Sun Sep-21-08 07:01 PM by cliffordu
moved it into a small town and learned to live on food stamps and what i could scrounge to sell out of dumpsters.

I have mine alright.

I wonder why everyone said "Fuck you, I got mine..." when I could have used a bail out.

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:00 PM
Response to Reply #52
53. Take a looksie at pictures of photos of third world favelas and ciudades perdidas
Edited on Sun Sep-21-08 07:01 PM by nadinbrzezinski
or the hoovervilles of the 1930s

It hasn't gotten that bad

And by the way... thanks for admitting you are that selfish

I read it more as... angry and bitter

And you have reason to... but things can still get far worst

Personally I'd rather avoid that
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:04 PM
Response to Reply #53
54. I spent some time in the refugee camps in Vietnam in 1970,
I know how exactly how bad it can be.

I'm not bitter....I just want to welcome the power brokers to my world.

I live like a king.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:13 PM
Response to Reply #54
55. Ok... I spent years as an emergency worker in places like
ciudes perdidas... and I don't want to be there... nor wish it ON ANYBODY
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:21 PM
Response to Reply #55
57. I just want the perpetrators of this theft driven into the streets. I want
all their assets seized......i want the worst of them sent to the general population of a maximum security prison so they can be passed around like so many bad debts.

I want it to get just bad enough that scumbags like these NEVER EVEN DREAM about trying it again.

I want them punished.

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:34 PM
Response to Reply #57
59. Free clue, most of these folks will not
that is the reality

Some will, and there are grounds for prosecution... malfeasance and fraud comes to mind... but those take YEARS to build

That is the reality

And a few of these folks, mostly mid level management, will still commit suicide

I like to live in reality
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:45 PM
Response to Reply #59
62. I don't need a clue from you. I understand that this is going to be business as usual
Edited on Sun Sep-21-08 07:46 PM by cliffordu
as soon as they cover their asses.

Don't forget to pay your taxes, Wamu needs the dough. Now that's a clue.


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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:52 PM
Response to Reply #62
63. You are right nothing changed after 1929
just that small thing called the New Deal
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:01 PM
Response to Reply #63
65. Conveniently dismantled by the great communicator his own self.
With help from the entire business community. And a few of the subsequent Preznits.

I wonder...Are you suggesting there might be a NEW new deal??

Not as long as the lobbyists and the big business congressional whores are in Washington.

Not as long as multinationals run the show.

Not as long as Big Bid'ness gets bailed out at will.

Business as usual. Unless it all comes down, just like 1929....
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:29 PM
Response to Reply #65
69. Why don't you study some history
the Reagan Revolution finished what others started

You know that thing about vigilance and all that

Now WRITE your congress critters... don't complaint to me... and remember to BE VERY SPECIFIC in what you want

(Oh and I will NOT conveniently forget that some of this responsibility is also held by the last Ike Republican in the White House, and that is William Jefferson Clinton... yes... time to wake of from the snooze... but this is the consequences of 25 years of CONSERVATIVE Economic policies
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:36 PM
Response to Reply #69
75. RE: WJC.....He is why I mentioned other preznits.
Ya gotta big brain, and a nice education. Congrats.

Instead of showing off here, have you made provision for your family, for those you love, in case this IS 1929??


If not, then being right and smarter (??) than everyone else here will do you no good.


If I'm wrong, well, then, I have cheap food all winter, and a great garden next year.






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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:20 PM
Response to Reply #75
82. I know them damn educamiated people are the enemy
I'll tell you something about the folks back in the 1930s, they got it

They worked together

I don't see that happening here

And you have NO IDEA what I have done to prepare either.

Also I believe the PEOPLE in the country side should be organized beyond the republican ploy of guns, gays and god... and into what matters, that is the WE not the I...

Hope you got a shotgun in your preparations
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:26 PM
Response to Reply #82
84. Let's just say I'm covered.....
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 10:13 PM
Response to Reply #82
89. And one more thing:
I moved to a very small town after 9/11. I have roots here that go back a generation.

All us gun toting ignoramuses are going to be fine.

I can't keep bees or butcher a steer, but my relatives can.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 10:47 PM
Response to Reply #89
90. I'm happy about you... after all we edjumicated people are the enemy
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:23 PM
Response to Reply #90
95. You keep saying semi-stupid shit like that. I dunno why.

From the perfume of defensive bullshit redolent in your posts I suspect your edjumication was less thorough than you believe.....You have my condolences.


My criticism was directed at you specifically, not the educated as a whole.


So you go ahead, sparky, and draw phony distinctions between classes all you want to....In the meantime, your self-aggrandizement is charming, if tedious.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:29 PM
Response to Reply #95
96. Coming from you that is an honor
you already told us that you don't care about the rest, since you got yours

You want things to crash damn the consequences since you live like a king

And then you attack me for actually having an education

Sparky look in the fucking mirror

You are a bitter old man


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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:47 PM
Response to Reply #96
100. I find it interesting you picked the things from my posts that fulfill your
preconcieved notions:

No one comes to where I am and enjoys it.

I live like a king because my middle class expectations of life, liberty and pursuit of trinkets....were burned away completely.


Start with the phrase "Everything you know is wrong."

And then relearn what it means to be alive with NOTHING in this society.

Then learn to live within your means: Rebuild, no credit allowed, cash only.

That is what I mean when I say I live like a king. I pay cash for everything. I owe no man or woman one fucking dime.

Bukowski said "If you want to know who your friends are, get a jail sentence..."

I got mine because I don't need much.

Something I'm going to enjoy seeing other people learning to live around.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 12:06 AM
Response to Reply #100
102. I am sure you are, and preconceived notions? No... your words speak for you
and they speak volumes

Enjoy the rest of your life, as long or short as it may be

I am done with you...
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 12:09 AM
Response to Reply #102
104. Buh Bye!!!
Edited on Mon Sep-22-08 12:11 AM by cliffordu
:rofl:

Saw your website....

"The gamer as revolutionary..."


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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:19 PM
Response to Reply #75
112. Garden Planet
If you want to be happy for a day, get drunk.
If you want to be happy for three days, get married.
If you want to be happy for a week, slaughter a pig.
If you want to be happy for whole life, become a gardner.

Cheers!
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LiberadorHugo Donating Member (557 posts) Send PM | Profile | Ignore Sun Sep-21-08 07:18 PM
Response to Original message
56. First, comrade.
I would suggest that you learn the difference between Marx, Lenin, Stalin, Trotsky, and Mao. Then you might have something of substance to say wrt Marxism.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:39 PM
Response to Reply #56
60. You forgot Bakunin, Che and other minor ones
as well as Hobsbawn Kamerad

Now you want to discuss any of this? Or just engage in personal attacks?
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Hardrada Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 02:12 AM
Response to Reply #60
107. Mikhail Bakunin was an anarchist and split with Marx and Engels
at the First International. The CNT in Spain was greatly influenced by Bakunin's theories.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 02:15 AM
Response to Reply #107
108. I know that, you know that
but I was surprised he didn't mention him in the overall cast of characters

You must admit though, he could write


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Codeine Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:46 PM
Response to Reply #56
88. You underestimate Nadin
She can take you apart in a debate on most any topic. One of DU's best, she is.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:23 PM
Response to Original message
58. The crash is real. The idea that the politicians can fix it is bullshit.
They are playing CYA with the "bailout" that will have the short (very short) term effect giving the impression of "doing something" while actually worsening the situation.

The idea that "they got us into it, so they can get us out of it" is akin to saying that they robbed us, spent all of our money, are broke themselves, but will pay us back if we give them more of our money to spend.

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:41 PM
Response to Reply #58
61. Ah yes, let baby burn.... they did NOTHING in 1929
not guaranteeing that it will work... especially without a lot of systemic change... but if they do nothing I hope you enjoy your pink slip
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:22 PM
Response to Reply #61
66. What they are "doing" now is making it worse.
Running the country into still more debt is hardly the way to pay off debt. They will do nothing to cut expenses except the tried and failed method of cutting the infrastructure. Get back to me when they significantly cut "defense" spending rather than social security, medicare, education, and all the rest of the things that the people need.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:27 PM
Response to Reply #66
68. They will... for the same HISTORIC reasons they went for the New Deal
but that is ok

Let it burn... let it burn, baby burn....


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Doremus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 07:58 PM
Response to Reply #58
64. *Somebody* has the money. Who?
It didn't vaporize. The market is down but not totally kaput.

Offshore accounts? Illiquid assets like mansions, private jets, real estate?

Find it and seize it.

Then we can talk bailout.
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:23 PM
Response to Original message
67. This bailout is a fraud and a disgrace.
This is a complete shameless rip-off. It's an enormous welfare HANDOUT for the rich in a country where we sneer at the idea of welfare for people who actually need it. Complete SCAM and racket. Privatize the gains, socialize the losses. Tony Soprano never had it so good. As Kucinich implored us, "Wake up, America!" This is a blatant fraud. We are being asked to fund the greed of the yacht class.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:31 PM
Response to Reply #67
70. You truly believe that Paulson's proposals will go into effect unchanged?
Okie dokie, and what part of the glorious revolution are you intending to be part off?


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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:34 PM
Response to Reply #70
72. Huh?
I made myself clear. I don't want them getting SHIT.

If that means a "glorious revolution," whatever you mean by that, so be it.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:35 PM
Response to Reply #72
73. So you are leading it?
don;t be coy, that is what some here want, never mind many will STARVE

or die from cold, or other means... like bullets, torture and other wonders of modern warfare
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:44 PM
Response to Reply #73
76. Many ALREADY DO.
Homeless starve and die of exposure regularly in this country, but you want me to support a $750 billion welfare check HANDOUT for the rich out of fear? As for bullets and torture... most of these dirt bags you want to bail out are in the social class that overwhelmingly support those who started and continued the war.

Not a chance.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:04 PM
Response to Reply #76
77. Yes right now you are talking of thousands
you have no clue what a glorious revolution will do...

I do... seen them with my own eyes

By the way WHY DON'T YOU READ and chiefly UNDERSTAND the breaks that are coming into place?

Oh and DON'T COMPLAINT TO ME

WRITE CONGRESS... CALL CONGRESS, BE SPECIFIC

But if you want me to support the glorious revolution, SORRY... there is no glory or honor in war... nor are they civil
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:05 PM
Response to Reply #77
78. You're not making any sense. (n/t)
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:11 PM
Response to Reply #78
79. Let me translate this for you
if the economy crashes you are talking of millions who will stave, and die in the first two years, best case scenario

If we have a civil war... we are talking of even more millions dying in the front lines and trillions destroyed

Most of all, what you think will come out of that is not exactly what will come out

Here is more, the Dems are right now putting breaks on the free check

They'll ONLY resist any pressures to change minds if you and ME pressure them to resist... perhaps

But one thing is clear.. I am all for TRYING to hold this together long enough to bring in the REFORMS that will come... nature of the beast

You are not... so let it burn, baby burn... and damn the consequences
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:15 PM
Response to Reply #79
80. Fine with me.
That's what it took to get the New Deal in the 30's and maybe that's what it's gonna take now.

Clifford's comments in this thread speak for me.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:18 PM
Response to Reply #80
81. So we had a civil war in the 30s? Whoa nelly I forgot that part of the story
So you are leading it?

Don't be coy...

And his comments come down to I got mine, screw you
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:41 PM
Response to Reply #81
87. Why do you keep asking this?
No, I'm not leading anything.

Done now?
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 10:47 PM
Response to Reply #87
91. At least are you calling Congress? Or you are just bitching on a message
board?
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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 09:59 AM
Response to Reply #91
109. Just bitching on a message board.
Edited on Mon Sep-22-08 10:30 AM by Naturyl
Calling congress is pretty pointless, since they don't give a fraction of a damn what I think.

Are you one of those who thinks calling Congress actually accomplishes something?

EDIT: I did write to my representatives this morning. But will it do anything? Doubtful.
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:38 PM
Response to Reply #79
113. This is not 1929
This is much much worse - from the viewpoint of human civilization. This is the generation of the civilized yeast that covers half of the petri dish, the point of not enough sugar to keep up the exponential growth. Really basic stuff, physics, biology, conscience etc., ya know.

The real irony is that Mama Earth is still bountifull and mercifull, despite all the raping you civilized people have done to Mama and still insist on continuing. The great irony is that there still would be enough fertile land to support even couple billions more of us, if we all lived modestly and humbly, gardening a small plot with great care and love, enjoying the blessings of Mama and company of good friends.

But no, humble and modest is not your way of life, wich is the civilized way, the greedy way, the insatiable way. So when your precioss civilization burns down and you with it, who do you blame, oh Arrogant One? Those that are humble and modest and in need of more civilizing?









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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:31 PM
Response to Original message
71. street fighters will hardly help, endless detention took it










New Deal v2.0
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 08:36 PM
Response to Reply #71
74. Study some history... and what it took back then
problem is I fear people are way too chicken to do that
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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:20 PM
Response to Reply #74
83. I am referring to leaders
not the workers. I know women were marching in the streets for voting feisen/ius/rights-did you see Seattle? Did you notice the change in our culture, how we don't generally look kindly to riots nor rioters? They have worked since the 70s to poison the paths that once worked. We need new avenues.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 10:50 PM
Response to Reply #83
92. I saw seattle, hell even talked to people who were part of it
perhaps you should know that Seattle was not unlike any labor action in the 1920s

And more than that... it took more than just a year or two to get results for the labor movement

But it took boots on the pavement, and cracked skulls and dead people

Damn, people really don't know history...

As to leaders... we have none, we are mostly a nation of cowards

Now go to the movies and buy yourself a ticket to Death Race... the first five minutes are the 1920s and early 30s ... with modern equipment
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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 05:54 PM
Response to Reply #92
110. wtf?! Mr Deeds Goes to Town 1936
Edited on Mon Sep-22-08 06:30 PM by KakistocracyHater
what makes you fell I don't know history????? So you MUST have SEEN the mass arrests at rnc convention & HOW they ignored any threats to Dems?! go Cheney yourself_why because I've read history books I've seen films.

People marching in the streets did not stop the invasion of Iraq, did not stop the anti-birth control movement. Watch The Best Year of Our Lives 1946 to see the difference in Hollywood & what they did back then http://www.imdb.com/title/tt0036868/ Try watching films by Fritz Lang like the Testament of DR Mabuse http://www.imdb.com/title/tt0023563/ maybe you maight have heard of these? Gary Cooper awesome Depression-era film**PIXELATED** http://www.imdb.com/title/tt0027996/
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:40 PM
Response to Original message
98. "too big too fail" should NEVER again be an issue or part of the lexicon.
once a company passes a certain threshold(to be determined and set by those more knowledged than i) asset or earnings-wise- it must divest or be broken up.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:42 PM
Response to Reply #98
99. And the law is in the books
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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 11:54 PM
Response to Original message
101. Actually, "letting it crash" is the logical Libertarian/Randian view.
As well as the neo-Conservative view. At least, that's what they sold us. They keep saying that the Free Market should be government "hands-off" and that the Market will fix itself. NO government oversight, NO government intervention. Laissez-faire. Never mind that it's never worked, and didn't work this time... give it another chance and I sear it will work NEXT time!

Meanwhile, we'll all be living in Hoovervilles.

Ya know, I'm really tempted to call their bluff, and let the market fail like it did in 1929. The only problem is that the innocents will hurt the most.

We need another FDR. We need Barack Obama.

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 12:07 AM
Response to Reply #101
103. Yeah it is the innocents that I worry about
as is, it will still be tough


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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 12:24 AM
Response to Reply #103
105. The innocents are always the ones who suffer in "Grand Designs".
Which is why Democracy was born, in the first place.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 12:27 AM
Response to Reply #105
106. Yep... so correct, and why the followers of the new faith of
economic armageddon truly scare me. They truly don't understand how this will affect them.. or chiefly those they are trying to protect
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:05 PM
Response to Reply #101
111. No. It's not the "neoconservative view." They don't believe in non-intervention.
They believe in corporations ruling the government and then using this pseudo-government to intervene in their favor. The neocons know--unlike the libertarians-- that the idea of the state cannot be minimized or done away with because then working people will create one or rise up against them. So instead they own the government so it can't be replaced and simultaneously use it to destroy everything but corporate rule.

Since Pinochet the neocon policy has been 'a dictatorship of the elite' is a necessary evil so that democracy will be possible 'someday.' They take the government and use it in order to destroy the name of government.
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nolabels Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:40 PM
Response to Original message
114. Yea, let it fall
You seem to think if we bail them out things will be okay for while but that is not true. Things already are bad for many and it will get worse no matter what they do. Even if you put a large piece of gauze over a gunshot wound you might get it to stop bleeding from the outside but that internal part is still an unknown. The people who did this must be held accountable and be held to reckon for the repairs. They are not doing that, they are saying just like gangsters, give us money or we make worse for you.

We all must learn to show restraint, we are the larger force and if we all finally stick together and find it fair as we can get then we should give approval. The swindlers and moneycrats, at the snap of a finger, want us to refund the Wall Street casino they have pilfered. It's a bad idea to loan any money without stringent conditions, but loaning the entire U.S.Treasury because they say they are good for it is just a bad idea all around :shrug:
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