America's coming civil war -- makers vs. takers | Fox News
Those were Abe Lincoln’s words in his first inaugural in 1861, as America was running headlong into civil war. Now we’re a house divided again and another civil war is coming, with the 2012 election as its Gettysburg.
Call it America’s coming civil war between the Makers and the Takers.
You might consider the transition of the American economy from manufacturing to financialization.
This occurred partly when America's wealthy realized that they could get higher returns by having their stuff made in China and the 3rd world. This is when they started shipping solid American jobs the freedom-hating places. For instance, everything Walmart makes is in China. Increasingly, our "makers" don't make stuff here. Indeed, this generation of wealthy people are the least patriotic in American history.
Like a cloud of locusts, the American economy has been hollowed out by the current offshore generation. The current private sector takes subsidies and bailouts, but they make everything overseas and they move all their money offshore so they don't have to help maintain our bridges, roads, schools, hospitals, energy grids . . . all the things they benefited from. It's a ******* joke. Right after Reagan said "give us tax breaks and we'll give you jobs", business began shipping America's manufacturing dominance to sweatshops in China . . . (and FOX News covered up by talking about gay marriage socialist baby killing illegal alien islamo-fascists marxist) . . . [and you bought it]
Here is another interesting thing about this generation of "makers": What do you think they do with the surplus profits earned by making things in Communist China? Those profits are not invested in the real economy of good and services; they don't go to American jobs- rather, increasingly, we see money invested into the phantom Wall Street economy of speculation... hedges, futures, derivatives.
Research how much money the private sector burned in the derivative market. Research the bets they made that they couldn't cover (-it's called leverage son, and it only works when the "makers" take over Washington and turn it into an ATM to cover their losses).
The Reagan Revolution - whose chief goal was financial deregulation - started with the S&L crisis and ended with TARP, drafted by Bush and Paulson.
Never before has a supposed generation of "makers" taken so much from an economy. The best and brightest profited wildly from stuff they knew to be garbage. They systematically placed bets against products they were selling to investors. Right before their risky garbage blew up, they parachuted away with trillions, leaving the economy in ruins. It will take five generations to unbury ourselves from the amount of money your blessed "makers" have taken from future generations. And here's the sad part: you don't have any idea what I'm talking about.
Turn off talk radio son. turn off Fox News. I am begging you.