Capitalism is un-America.

Discussion in 'Current Events' started by Capitalist, Sep 14, 2010.

  1. Capitalist
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    Capitalist Jeffersonian Liberal

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    (Daily Caller)- AFL-CIO President Richard Trumka on Tuesday will accuse Republicans, private sector businesses and health insurance companies of “economic treason” in a red meat speech in Columbus, Ohio, to union members at their annual convention.
    Trumka’s charge is centered on his anger at private sector business and corporations for sitting on capital — as much as $2 trillion by some estimates — instead of spending it to expand and create jobs, and at insurers for proposing rate hikes.
    Business groups and leaders say that President Obama’s policies, namely the health-care overhaul and the financial regulation bill, have created massive uncertainty and are transforming hiring into the assumption of liability instead gaining an asset. Insurers who have announced rate hikes say that the health-care bill has increased their costs.
    But Trumka will say it boils down to a more simple explanation: greed.
    “Some of our politicians, and some of America’s biggest corporations have given up on America. Companies are sitting on $837 billion without creating jobs,” Trumka will say. “Banks are clutching a trillion dollars in profits without lending to small businesses and consumers. Too many companies aren’t investing in the future, or in the country that made them great. All they want to do is scrape every ounce of flesh from our hides — for their profit.”
    “Well I say that is economic treason!” Trumka says.
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  2. Charles_Main
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    Charles_Main AR15 Owner

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    Saying things are unamerican is Unamerican
     
  3. loosecannon
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    loosecannon Senior Member

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    he's right and wrong at the same time. Depending on what you believe.

    He has addressed the central political question of all time: "who is the government and the economy here to serve? the money and monied interests, or the people?"
     
  4. Avorysuds
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    Avorysuds Gold Member

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    They have now put the blame on everyone but themselves...

    Remember like 2 months ago it was the American peoples fault hahaha?

    Obama and the Democrat congress Bailed out rich people and used tax payer money to do it... Man, I'd hate to have to own up to that one. They should have let it all fall apart and see what happened. Funny story is, things might already be booming again. Homes could have gone from 800,000 to 100,000, not floated by Government at 400-500,000... But hey, then rich people couldn't keep collecting payments!
     
  5. Charles_Main
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    Charles_Main AR15 Owner

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    If the economy ceases to serve the "monied" interests. It will cease to be capable of serving the people as well.
     
  6. syrenn
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    syrenn BANNED

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    Capitalism is un-America if you want to keep the money you earn.

    Capitalism is un-America if you are not paying union dews.

    Capitalism is un-America if you are not paying the politicians their share.

    Capitalism is un-America if you are not a liberal democrat.


     
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  7. loosecannon
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    loosecannon Senior Member

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    That's an illusion, but it shows which side of the question you serve. You sir, are the petty bourgeoisie.

    Petite bourgeoisie - Wikipedia, the free encyclopedia
     

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