Trump is the Sign of US Capitalism's Collapse

[georgephillip]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

 

[kyzr]

Yawn. This COVID recession is just a speed bump. I don't see any reason to think that the US $24T economy is in trouble.
Certain sectors are, like cruise lines and airlines are having a tough time, folks aren't traveling.
But after big pharma gets a vaccine or treatment we'll be back to full employment.

p.s. big banks were stress tested after the "great recession". They are just fine.
If you want problems to worry about, Medicare will be bankrupt in 2026, and SS in 2034. They need to be fixed ASAP. So WTF is Nancy doing about it? Impeachment?!

 

[Toddsterpatriot]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

Commies insist that capitalism is exhausted.

DURR

 

[Ricky LIbtardo]

American Socialists, European Socialists, Chinese Communists, and Russian Communists have been trying to convince morons for decades that capitalism is evil while knowing full well none of their countries would exist in the world economy without American Capitalism.

 

[theHawk]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

Blow it out your ass, you communist homo.

This country isn’t giving up on capitalism. Go join your brothers in downtown Seattle and enjoy your “capitalism free zone”.

 

[georgephillip]

Yawn. This COVID recession is just a speed bump. I don't see any reason to think that the US $24T economy is in trouble.
Certain sectors are, like cruise lines and airlines are having a tough time, folks aren't traveling.
But after big pharma gets a vaccine or treatment we'll be back to full employment.

p.s. big banks were stress tested after the "great recession". They are just fine.
If you want problems to worry about, Medicare will be bankrupt in 2026, and SS in 2034. They need to be fixed ASAP. So WTF is Nancy doing about it? Impeachment?!

Consumer debt was at record levels before the Corona virus hit; why do you think that will be less of a problem in the future?

Holding the Bailout Bag | Michael Hudson

"Imagine the 25 million unemployed.

"They’re not getting paychecks.

"How are they getting by?

"The only way they can get by is to run up their credit card debt.

"And by running it up, they’re going to be not paying the monthly usual charge.

"They’re going to be subject now to interest rates on the credit card that go up now from, maybe 20 percent to twenty nine percent or even more."

 

[Ricky LIbtardo]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

Blow it out your ass, you communist homo.

This country isn’t giving up on capitalism. Go join your brothers in downtown Seattle and enjoy your “capitalism free zone”.

The stupid bastards think Socialism will save the world when everyone with a brain knows Capitalism is the mechanism that creates the profits for their redistribution.

 

[georgephillip]

Commies insist that capitalism is exhausted.

DURR

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

"Instead of home mortgages, this time consumer debt holds our fate.

"Outstanding balances keep ballooning for car and tuition loans and credit cards—greatly enlarged by exotic trading on the debt itself.

"During 2016, banks opened 110 million new credit card accounts about 50% more than in 2010.

"Citigroup, JPMorgan Chase, Bank of America and Wells Fargo reported a combined loss of $12.5 billion from credit card loans in 2017.

"In June that same year, the Federal Reserve valued outstanding credit card loans at $1.02 trillion. Yet banks continue to shower subprime borrowers with fresh lines of credit."

 

[Sunsettommy]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

Commies insist that capitalism is exhausted.

DURR

They always do, which is why commie nations collapse every decade lately.

 

[georgephillip]

American Socialists, European Socialists, Chinese Communists, and Russian Communists have been trying to convince morons for decades that capitalism is evil

Capitalism is evil, Rube.
US capitalism is rooted in white supremacy as evidenced by the genocide of native Americans, chattel slavery, and a century of Jim Crow. It has been responsible for hundreds of millions of deaths over the past 400 years, and it continues killing millions every year.

How Capitalism Kills During a Pandemic

 

[Synthaholic]

Tax the fuck out of the super-wealthy.

 

[georgephillip]

This country isn’t giving up on capitalism. Go join your brothers in downtown Seattle and enjoy your “capitalism free zone”.

Will you miss him, Loon?

 

[Toddsterpatriot]

American Socialists, European Socialists, Chinese Communists, and Russian Communists have been trying to convince morons for decades that capitalism is evil

Capitalism is evil, Rube.
US capitalism is rooted in white supremacy as evidenced by the genocide of native Americans, chattel slavery, and a century of Jim Crow. It has been responsible for hundreds of millions of deaths over the past 400 years, and it continues killing millions every year.

How Capitalism Kills During a Pandemic

People who die from dirty water, hunger, curable diseases and malaria died from dirty water, hunger, curable diseases and malaria, not from capitalism, you silly twat.

 

[Bootney Lee Farnsworth]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

Nobody is going to read that communist tripe.

.

 

[georgephillip]

Tax the fuck out of the super-wealthy.

Do we really need all these billionaires?

 

[wamose]

You'd have to be retarded to think that any of our current events signal the end of capitalism.

 

[georgephillip]

People who die from dirty water, hunger, curable diseases and malaria died from dirty water, hunger, curable diseases and malaria, not from capitalism, you silly twat.

Capitalists who are too greedy to provide relief from hunger, curable disease, and dirty water because they can't turn a profit would be more useful to society as abortion statistics, Kulak.

 

[asaratis]

There's a Crisis in US Capitalism - CounterPunch.org

"Trump is a product and sign of U.S. capitalism’s exhaustion.

"The long, cozy governmental alternation between GOP and Democrats after the trauma of the 1930s Great Depression had achieved its purpose.

"It had undone FDR’s redistribution of wealth from the top to the middle and the bottom. It had 'fixed' that problem by reversing the redistribution of wealth and income.

"The ideological cover for that 'fix' was bipartisan demonization of domestic socialism combined with bipartisan pursuit of Cold War with the USSR.

"The major GOP vs. Democratic Party dispute concerned the modes and extents of governmental support for private capitalism (as in Keynes vs. Friedman, etc.). That minor squabble got raised to the status of 'the major issue' for politicians, journalists, and academics to debate because they caved to the taboo on debates over capitalism vs. socialism."

The Coronavirus has given the US Capitalists a reason to delay their move to New Zealand.

For at least a decade serious investors have known that debts that can't be repaid won't be repaid. With consumer and corporate debt at record levels and major Wall Street banks who've made loans and guarantees which can NOT be covered WITHOUT support from the Fed, serious investors have known a major break in the chain of payment is inevitable.

Covid-19 has provided the government owned by the investor class a good reason to create trillion$ ostensibly for "small businesses."

Who among us is gullible enough to believe that con?

The crony-capitalist who destroyed Capitalism?

The Big Banks' Ticking Time Bomb that Could Cause the Next Recession | DCReport.org

Trump is the savior of capitalism. Had Bitchillary won, we would:

• Know nothing of the corruption Obama and his minions in spying on the political opposition before and after the election
• Be well on our way toward becoming a third world shithole with prosperity for few and misery for most as we become nationally transformed into a lifestyle not unlike what we see in cities and states currently being governed by liberals--i.e., crime ridden ghettos with high taxes, poor services, and no moral or ethical compass.

US capitalism is rooted in white supremacy as evidenced by the genocide of native Americans, chattel slavery,

Surely you jest. You want to see genocide, just look at the history of socialism?Marxism/communism. First you disarm the public, then you kill everyone that dissents publicly.

Your idea of good government is that which has already failed to produce every time its been established.

 

[georgephillip]

Nobody is going to read that communist tripe.

Is that because MAGA morons are illiterate?

There's a Crisis in US Capitalism - CounterPunch.org

"U.S. economic policy now focuses on what is already the worst business cycle downturn since the 1929 crash.

"As data accumulate, it may well prove to be the worst in global capitalism’s entire history.

"Forty million jobless U.S. workers find incomes lost, savings disappearing and over-indebted family finances worsening."

 

[georgephillip]

You'd have to be retarded to think that any of our current events signal the end of capitalism.

Retarded starts here

Trump Admitted To Wharton With Help From A Family Friend | PQU