- Banned
- #41
Note that even if we stimulate production now, a significant amount of the production stimulated will happen in some other land ...some land where they still make stuff.
When I was a boy, American was a nation run by citizens who worked in factories and MADE STUFF...stuff that they bought and sold to each other.
That generation had suvived through the last great BANKER'S depression, and they'd just fought the war for their very existence against the Axis FASCIST powers.
That generation clearly understood what it meant to be a citizen of a nation and they understood that the nation's fate and theirs were tied together.
Then my generation and those that followed became a nation of consumers rather than citizens
Bingo. All of these other factors are meaningless. Sure there are tons of reasons, manipulations, misrepresentations and such to blame but why did anyone endeavor manipulate or misrepresent assets ? Because there was less and less actual product. Money = product. The greedy and the spoiled forget about product and focused on money without the simple realization that one does not exist without the other. When this began to make itself evident, rather than any movement to invest in production, there were hoards of the powerful, wealthy and greedy who moved to manipulate and misrepresent product. That's worse than merely speculating on product. Hell, there was little left to actual speculate on.
When people on boards like these tell me that they care more about buying their shirts cheaply than the overall wellbeing of the nation's working class, I know that this nation is now so populated with spoiled, rather stupid children, and that the society is bound to unravel.
We either care about this nation we either understand that we all must sacrifice somewhat to make it work, or this society goes down. It's really that simple.
Obviously not enough of us understand that being a citizen is a birthright, but one that comes with responsibilities to THIS NATION...not as consumers, but to its CITIZENS.
Our leaders of late, have been nothing but selfish pigs and their attitude has become the zietgiest of our time.
And this is what I like so much about the Carter doctrine. He told everyone that sacrifices had to be made for the future. He told everyone, THIS IS GOING TO HURT. When it did hurt and when the sacrifices were there to be made, no one was willing to make them . They chose to cry and whine and complain until they got what they wanted: RIGHT NOW. WE WANT IT RIGHT NOW. Future be damned. So, you all enjoying this future ? Looking forward to not mbeing able to afford fuel and no alternatives in reasonable sight ? You asked for it.
When Bush the Idiot wasn't removed from office at that point, it should have been apparent to all of us what total incompetents were in CONGRESS, too.
It's taken nearly fifty years of economically destructive policies on the part of the master class, but the selfish bastards have broken the Republic's economic back, folks.
Some of you believe this was purely an organic outcome, and that it was not expected.
I personally cannot believe that.
Why?
Because far too many of us who were not in power knew an economic meltdown was inevitable.
Again, spot on. I'm no wizard and this has been evident to me for over a decade. When my local bank didn't have the cash to give me when closing an account of $15k ten years ago, something wasn't right. I started looking at the numbers and they don't add up. You don't have to be an economist to figure it out. In fact, it helps not to be an economist with a head full of abstract ideas about robbing Peter to pay Paul. The numbers don't add up. The "money" being loaned didn't exist. If you can't give me $15K from your vault exactly how in the hell did you loan $200k in mortages that same day ? You didn't have the damned money. You just credited some numbers from one sheet to another. A vast swath of Americans in the finance business have been making a killing from absolutely nothing. Producing hard cash into their own pockets not with hard currency but with numbers manipulated on spread sheets. But the profits ? The interest ? When you start drawing that out in real, hard cash, there is no hiding the game. As profits sky rocketed in the finance business and fell in the business of actual production, there can be no good ending. The economy becomes top heavy with people who contribute nothing of hard tangible value. They move money around and skim profits. It's a great trick but it can't last. The money represents product. It's that simple. At some point the actual hard curency will balance against product. There is no way to fool the beast forever.
The FUNDAMENTALS -- you remember those fundamentals, right? Those are the economic things that people like Bush II and McCain kneejerkingly kept telling us were sound? -- ARE NOT RIGHT.
The Imbalance in our trade is not a minor prick in the economy
It is a bleeding arterial wound.
Because not ONLY ismoney leaving our shores, but those imports represent TENS OF MILLIONS OF JOBS that American do not HAVE.
One had to have been completely bamboozled by the economic priests to think that isn't the problem that is at the root of the current economic meltdown.
Everybody had been told by ROSS PEROT that this was a disasterous policy.
Remember him?
He was characterized as a nutter, remember?
And that is EXACTLY what has been done to millions of American, folks.
Anyone who wouldn't SWEAR THAT THE EMPORER HAD MARVELOUS CLOTHES was dismissed, disenfranchised, marginized from political power, or otherwise PUNISHED for not swearing to the validity of the LIES that the master class was selling the unwashed.
Yep. And it's time to pay the piper. Fortunately, this will not hurt the poor so much as the greedy folks who have participated in the sham. Watch what you say to someone with nothing, it's almost like having it all. I feel better everyday !