sicksicksick_N_tired
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Thu Sep-18-08 05:22 PM
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Interesting. The U.S.A. has "nationalized" financial and insurance institutions! |
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Doesn't that form of "nationalization" pretty much state the priorities of the U.S.A?
:shrug:
Note that, rather than "nationalize" the resources owned by THE PEOPLE, financial institutions and an insurance institution (backing the financial institutions) are being NATIONALIZED!
Doesn't that give you the heebeejeebees?
Our government has OFFICIALLY evolved into a corporate being. How can you distinguish that from fascism?
HOW!!!!!!!!! HOW!
How, precisely, does democracy fit into the scheme of nationalizing financial corporations? :shrug:
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mmonk
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Thu Sep-18-08 05:23 PM
Response to Original message |
1. Not as bad as the alternative. |
TheWatcher
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Thu Sep-18-08 05:25 PM
Response to Reply #1 |
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Edited on Thu Sep-18-08 05:31 PM by TheWatcher
If I recall correctly, A lot of the German people did just fine under fascism back in the day.
:eyes:
At any rate, I am sure there will be a lot of people who will look at today's action by Stammerin' Hank and his merry men as good and for the best, without bothering to even look past the surface.
As much as it pains me to say it, one of my biggest fears has always been that when this Ponzi Scheme finally blew up, those that caused it would ride in on their White Horses with some convoluted "Solution" as our "Saviors", and because an all to large of our population doesn't wanted to be bothered with details, they would just accept it at face value.
"Just fix it as quickly as possible so I don't have to pay attention and worry about details."
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mmonk
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Thu Sep-18-08 05:32 PM
Response to Reply #5 |
8. I view fascism as collecting the money of a commonwealth |
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to give to corporations for profit and controlling the system of government and laws. I view this as moving quickly to avoid collapse of the financial system.
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TheWatcher
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Thu Sep-18-08 05:38 PM
Response to Reply #8 |
11. Except that is is probably not going to work. Nor is it really meant to |
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Edited on Thu Sep-18-08 05:40 PM by TheWatcher
This is what they have been doing for the past few years.
Every time we reach a critical mass point where the system is about to collapse, they ride in with some new Scheme, Spin, Con, or Magical Rumor in order to "Save The Day" once again and put the Public Back to sleep with calm cajoling, and of course the bellowing of the Carnival Barkers in the Financial and Mainstream media with the meme that once again "Everything is Fine. Nothing to see here."
Today is no different.
They are going to Save Themselves.
Main Street will be sacrificed for Wall Street.
The way I see it, this is just another scam to put off the inevitable, and will make the end result even worse than it would have been.
They don't care if it collapses, as long as they control the collapse and reap the maximum benefit from it.
I could be wrong, and I hope I am.
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mmonk
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Thu Sep-18-08 05:46 PM
Response to Reply #11 |
13. If you don't save the financial system which includes |
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common banking activities, it's doubtful mainstreet could survive unless it's a return to bartering.
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TheWatcher
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Thu Sep-18-08 06:01 PM
Response to Reply #13 |
21. Well it is like a poster said in another thread |
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Would you rather amputate the lower leg now, or spend years and years with gangrene, and lose the entire leg anyway.
There is no simple solution, and I don't think their "Solution" is intended to benefit the rest of us.
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mmonk
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Thu Sep-18-08 06:13 PM
Response to Reply #21 |
23. We have to reregulate which I suspect we'll do. |
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Businesses would like to take over the government. This is business getting taking over which I have a feeling isn't what a CEO would have in mind. It's a royal mess that has been created and growing for years.
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sicksicksick_N_tired
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Thu Sep-18-08 05:49 PM
Response to Reply #8 |
16. So, how is the nationalization of these companies NOT collecting OUR money to float these companies? |
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I sincerely understand the argument that, WE THE PEOPLE must be USED to avoid collapse of a system that has utilized WE THE PEOPLE to get in the position of collapse the fuckers suffer.
I UNDERSTAND!
The corporacrats WILL NOT SUFFER!!! WE THE PEOPLE,...WILL SUFFER, whether our decency is used as collateral OR NOT.
WE THE PEOPLE ARE FUCKED NO MATTER WHAT.
So, why can't WE suck their assets out of them rather than suffer on their behalf? WE have to suffer far more consequences than the buggars at the top of this profiteering scheme!!! When will THOSE GREEDY FUCKERS GET THEIR DUE AND LOSE EVERYTHING for sacrificing all of us?
I understand the corporacrats CAUSED this crisis. I want THEM TO PAY, goddamnit! WE HAVE PAID, ENOUGH!!!
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mmonk
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Thu Sep-18-08 05:59 PM
Response to Reply #16 |
20. Let me put it another way. |
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How will we be helped by the government doing nothing? I'm for separation of corporation and state, but with a collapse of our financial institutions, I don't see how anyone would benefit.
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Winterblues
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Thu Sep-18-08 05:48 PM
Response to Reply #1 |
14. Do you speak from experience or just what you think you know? |
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Exactly what alternative are you referring?
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mmonk
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Thu Sep-18-08 06:04 PM
Response to Reply #14 |
BlueIdaho
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Thu Sep-18-08 05:24 PM
Response to Original message |
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They have simply privatized corporate profits and socialized corporate losses.
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truedelphi
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Thu Sep-18-08 05:28 PM
Response to Reply #2 |
6. And of course the problem with that is that the decent people |
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That is, the ones in the upper one percent, are benefitted as they think they should be, while the rest of us are ripped off.
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TheWatcher
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Thu Sep-18-08 05:34 PM
Response to Reply #6 |
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We are merely the chattle that they have to manage.
And they treat us with contempt because of the necessary inconvenience we are.
We are to be exploited, managed, controlled, and used as a means to an end for their agendas, and sent of to die as cannon fodder when needed.
It's great work if you can get it.
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Kurt_and_Hunter
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Thu Sep-18-08 05:25 PM
Response to Original message |
3. Jonah Goldberg wrote a book about how FDR was a fascist. You'd love it. |
Quantess
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Thu Sep-18-08 05:25 PM
Response to Original message |
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Edited on Thu Sep-18-08 05:25 PM by quantessd
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DB1
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Thu Sep-18-08 05:51 PM
Response to Reply #4 |
18. Socialism for the upper class. Pull yourself up capitalism for the rest of us. |
DJ13
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Thu Sep-18-08 05:28 PM
Response to Original message |
7. I say lets go for the oil companies and medical insurers next |
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At least THEN the average American will benefit.
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Ichingcarpenter
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Thu Sep-18-08 05:49 PM
Response to Reply #7 |
15. GM Ford and Chrysler also electric companies. n/t |
bemildred
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Thu Sep-18-08 05:34 PM
Response to Original message |
10. If we gotta but it, why don't we own it? nt |
McCamy Taylor
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Thu Sep-18-08 05:41 PM
Response to Original message |
12. Not really. They are giving my money to a private company. |
Kurt_and_Hunter
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Thu Sep-18-08 05:54 PM
Response to Reply #12 |
19. In the case of AIG, the US now owns 80% of the company. |
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The stock-holders are screwed. The executives are screwed.
The loan terms are harsh... worse than a credit card.
AIG stock is still at $2.00 and change. It didn't rebound on the bail-out news because the deal doesn't benefit stock-holders hardly at all.
I'm not dancing about it, but it's not the rampant give-away that some describe it as.
There's no scenario where the treasury loses all of 85 Billion.
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SalviaBlue
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Thu Sep-18-08 05:49 PM
Response to Original message |
17. Privatize the Profits, Socialize the Losses |
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