I am going to keep adding more, rolling updates, I believe ek calls it. Especially ones that contain some form of solution. A good record I think.
General Smedley Butler (US Marines) said it best:
Sick of serving the ruling class, he retired in 1931 at the ripe age of 50, and summarized his service as follows;
“I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. The record of racketeering is long. I helped purifly Nicaragua for the international banking house of Brown Brothers in 1909-12. I brought light to the Dominican Republic for American sugar interests in 1916. I helped make Honduras “right” for American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went its way unmolested… . Looking back on it, I feel I might have given Al Capone a few hints. The best he could do was to operate his racket in three city districts. We Marines operated on three continents.”
Gentlemen, you can’t fight in here! This is the War Room!
The great lie is that we need the rich
That the only way to create capital and therefore new business is through the wealth of the rich is just plain wrong. In fact, they do a lousy job of it. They put their money in speculation (the stock market) and debt backed instruments (mortgages), and finance their very expensive lifestyles. When they do spend it on businesses they put their money in various acquisition funds. This is ridiculous. A far more reasonable and efficient system would be to finance business through broad base savings. Investing capital in new businesses is risky but if you spread that out over a large number of businesses and banks and limit the percentage of capital that any single bank can invest, the system has to work if the economy is working.
I would not say to eat the rich, but I would say to replace their only useful function with a broad based system of making capital available. We should all be entrepreneurs and not have to kiss the asses of the rich to do it.
by The Wizard
Comment and reply…
I find this kind of talk disturbing and (0+ / 0-)
depressing. I’m not sure I fit in at dailykos any more, and I’m somewhat frightened by the populist and revolutionary fervor I see on the rise, combined with the pro-gun stance of the majority here. Maybe I’m being paranoid, but given what has happened during past economic crises I’m not sure. I’m not really sure what to do.
This sig is the former home of a witty Monty Python quote.
You know what’s disturbing/ depressing?
Working full time, even two jobs, for sixteen years, and realizing that you will never, EVER be able to get ahead – or even break even – because wages remain flat…while your bosses and their class-peers pay themselves enough to buy new houses and new Harleys and new SUVs and take their families on Caribbean vacations…and blame business lapses on you, and give you the heave ho when their bad planning causes them to be unable to weather downturns in the economy.
Realizing that the American Dream was just that, a dream, and nothing more, ever – and nobody wants to admit it, while we starve and struggle to avoid being thrown into the street.
If you’re just now waking up to it – to what my life and the rest of ours has been for so long – how come you were comatose the past 20 years?
“Don’t be a janitor on the Death Star!” – Grey Lady Bast (change @ for AT to email)
You know, stuff like that could become dangerous to their positions of power and influence. What a righteous rant. Worthy of 1776 IMO.
Here’s what I’d do: end corporate person-hood. End the legal fiction that a corporation has rights on par with natural persons. I am not now, nor have I ever been a Communist. I’m not even against business per se. But this shit has got to stop and someone – THE ONES WHO GOT US INTO THE MESS – have got to be held personally responsible.
Let’s start with Cheney, that fuck. He’s not a corporation, but the bastard personifies EVIL and he did it IN OUR NAMES. Starting to hold people personally responsible for the lies and bullshit… I can’t think of a better place to start or a guy who deserves it more.
by Paper Cup
This has been coming a long time….
Despite my attempts to dismiss it (within my own mind) as ridiculous, there is a simple fact that no one with a conscience can ignore:
There is something very, very wrong with this country. Those of us who have been screwed by the system 6 ways to Sunday know what I mean, as does anyone with friends and relatives who are proof positive that things do not work.
I see Wall Street CEOs walk, and I see friends of mine get busted for possession of an ounce and a half of pot and they’re never seen or heard from again. One example of thousands, but this has been a long time coming.
Fortunately, some of us are prepared for it when we get to the “break out the firearms” phase.
There has always been a ruling class and
there always be. No matter what form of government. Our rants and outrage make us feel better but in reality accomplishes nothing. They are laughing at us behind the curtains in their mansions.
You can’t cheat an honest man.
As Paulo Freire in Pedagogy of the Oppressed would say:
“The pursuit of full humanity cannot be carried out in isolation or individualism, but only in fellowship and solidarity.”
“At the point of dialogical encounters there are neither utter ignoramuses nor perfect sages; there are only people who are attempting, together, to learn more than they now know.”
“Dialogue – the encounter between men, mediated by the world, in order to name the world.”
Demographics do not equal destiny.
by dr fatman
There is only one party in the United States, the Property Party…and it has two right wings: Republican and Democrat. Republicans are a bit stupider, more rigid, more doctrinaire in their laissez-faire capitalism than the Democrats, who are cuter, prettier, a bit more corrupt-until recently… and more willing than the Republicans to make small adjustments when the poor, the black, the anti-imperialists get out of hand. But, essentially, there is no difference between the two parties. – Gore Vidal
We cannot win a war crime – Dancewater, July 27, 2008
This is so so true.
If, instead of propping up criminally fraudulent financial companies, those TRILLION$ actually went to:
1. education – a college education to any one who makes their grades. A special education for every needful child. A full funding of sciences and arts educations from grade school up. And so on.
2. safety net – shelters for the homeless. Public kitchens for the hungry. Clinics dispersed throughout cities and rural areas for public health.
3. HEALTH CARE, HEALTH CARE, HEALTH CARE. If people had single payer health care, they could leave their jobs – which some/many of us despise – and do work that we LOVE. Just think how much more productive that would be! Never in all the debates has anyone ever suggested that the cost of Universal Health Care would be TRILLION$ of Dollar$. Yet, a trillion here and a trillion there… and we, the people, still do not have health care. The bank executives do. WE do NOT.
4. energy infrastructure, research, change-out subsidies.
5. aid to poor countries to provide public education. Most poor children that end up in madrassas do so because that is the ONLY option for ANY education in their countries.
There, that’s not even One Trillion Dollars. Nope, not even one. Bush spent about THREE and Obama is about to toss another One Trillion Dollars $$$ on the fire.
God, it is getting hot in here. But the spending is bringing Zero Relief.
Fire Summers. Fire Geithner. Fire all the Rubinites.
Hire Krugman. Or at least listen to him.
Government money should be spent from the bottom up – FDR style – not from the top down – Reagan style. There’s a reason that was called voo-doo economics – it is!
Progressive taxation worked
for such radical leftists as Eisenhower, Nixon and Ford. Ike had a marginal top tax rate of 91%, and Nixon and Ford 70%.
The cap gains tax was also a lot higher.
Yes, there were ‘loopholes’, but there was a lot of money collected back then, money that was used for the commonwealth of all the people.
I don’t want to deny the rich their day in the sun, I just want them to pay their fair share.
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We need a revolution.
Straight up. We need to organize and start a movement. Even just a cultural movement – like an Anti Greed Society. Something to focus us so we don’t just spin out on rants and agreeing with each other.
Which, it was a great rant, btw!
“The company of those seeking the truth is infinitely to be preferred to the company of those who think they’ve found it.” – Terry Pratchett
I want to fight but whom to fight? The people are brainwashed and we are powerless to do anything about it. We don’t have the power to fight so we can only talk about things weakly to ourselves.
We are the Proles in 1984 whom the party lets do whatever they like because we are no threat.
We need to support
the real economy first–ya know, the one where people actually do real work to make stuff and do stuff for people? That one. This whole financial crisis is certainly affecting the real economy, but the roots of the crisis are in the shadow banking system that catered to people making imaginary profits with exotic financial instruments.
The shadow banking system must be decoupled from the real economy–say by nationalizing the huge banks and other institutions that are infected with all the worthless paper stuff, breaking them up into manageable parts, saving those parts that still are solvent, discarding the parts that are not, etc.
Meanwhile, the money that is being poured into bailouts should instead go to the real economy to do things like prevent home foreclosures, do useful things that create jobs, etc. Rather like the initial stimulus package, only bigger and better focused. The idea should be to serve the needs of people and clear away the wreckage of the collapsed old financial order as expeditiously as possible.
by out of left field
The last time there was such disparity
in America between the wealthy class and the rest, things changed (1920’s). Yes, it took literally a generation to change the inequality – but those are precisely the generation of people who are in charge now.
Most of this new voting age grew up where everyone got a medal for winning and everything was team oriented, even though some things did remain including the ME, ME, ME generation (i.e. fashion and materialistism for instance).
They are truly a group who believe in equality for all and that winning isn’t always everything. They see less skin color than generations before them. They are also highly competitive.
I do STILL have hope.
6.134.4 Where are you? Take the Test!!!
And so many more good ones.
Interesting times my friends!