General Discussion

Initech

(104,758 posts)

19. I call it economic terrorism.

Wed Oct 24, 2012, 03:14 PM

Oct 2012

We fight their wars. We harvest their profits and get nothing in return. We allow them to steamroll over us. We allow them to forclose on our homes and take everything we own. We allow them to "garnish" (steal) our wages and then ship our jobs to China. While they laugh all the way to the bank. And they want to elect one of their to justify their terroristic behavior. Isn't that terrorism?

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The Dark Age of Money: Milton Friedman and the Rise of Monetary Fascism [View all] Octafish Oct 2012 OP

Friedman and his laissaez-fairytalism was just what the corporate-fascists were byeya Oct 2012 #1

A total failure for the nation and the 99-percent. Octafish Oct 2012 #2

You're welcome; but, you deserve the credit in bringing this little reported fact - a life byeya Oct 2012 #9

Sadly, today's Republicans are even worse than Friedman. NYC Liberal Oct 2012 #14

k&r Starry Messenger Oct 2012 #3

Thank you for the heads-up. Incredible. Octafish Oct 2012 #13

who was the latin-looking guy after friedman? HiPointDem Oct 2012 #23

Adnan Khashoggi--Iran/Contra guy. Starry Messenger Oct 2012 #25

thanks. HiPointDem Oct 2012 #38

Kicked and recommended. Uncle Joe Oct 2012 #4

You are welcome, Uncle Joe! Didya see this about Sanford Weill? Octafish Oct 2012 #21

I thought Uncle Joe Oct 2012 #22

It was no accident. They learned how to pull it off during the S&L debacle. Octafish Oct 2012 #24

People who liked this ... GeorgeGist Oct 2012 #5

Great intellect, hers... Octafish Oct 2012 #31

kick for truth Blue_Tires Oct 2012 #6

Economic Domination IS Political Octafish Oct 2012 #41

According to Wikipedia Stainless Oct 2012 #7

David Stockman, Pruneface Budget Director, said the wealth transfer was political... Octafish Oct 2012 #42

50 years from now, wonder what economic historians will say? JackN415 Oct 2012 #8

''Thus died the American Dream...'' Octafish Oct 2012 #43

Monetary fascism = worse than traditional fascism... HiPointDem Oct 2012 #10

That's as good an explanation as I've ever seen: Thanks. The financial byeya Oct 2012 #11

For roughly 20 years after WWII this nation built up enormous equity. Over the next 30 years Egalitarian Thug Oct 2012 #15

The other term I've seen bandied about is "friendly fascism." Selatius Oct 2012 #28

This sentence, "...uses the powers of the state to put the interest of money and the financial class Egalitarian Thug Oct 2012 #12

A brilliant article - thanks Octafish. hifiguy Oct 2012 #16

this is why the EU is failing: They put the demands of the banks above the needs of people. librechik Oct 2012 #17

The EU also needs a treasury and the individual nations need to be able to adjust byeya Oct 2012 #20

K&R#23 n/t, Sir! bobthedrummer Oct 2012 #18

I call it economic terrorism. Initech Oct 2012 #19

Govts need to use the military to take over banks, before the banksters buy their military, too. WinkyDink Oct 2012 #26

Friedman has been discredited in nearly every country but the US. laundry_queen Oct 2012 #27

Friedman was big in Pinochet's Chile - It was a natural fit, imo. byeya Oct 2012 #39

One quibble with the excerpt........ socialist_n_TN Oct 2012 #29

Yes, FDR saved the capitalists' bacon and got their hatred in return. It would byeya Oct 2012 #40

One concept that sticks... AntiFascist Oct 2012 #30

Leo Strauss is one of those ironies thrown up by history. hifiguy Oct 2012 #34

This entire thread is MUST READ stuff! ... My thanks to all of the contributors. Bozita Oct 2012 #32

K&R woo me with science Oct 2012 #33

thank you Octafish... tex-wyo-dem Oct 2012 #35

K&R. Kurovski Oct 2012 #36

K & R HCE SuiGeneris Oct 2012 #37

First post.. Ron O Nov 2012 #44