To those who say, "bring on the collapse!"

[pnwmom]

A reminder.

http://images.google.com/images?hl=en&q=Great+Depression&btnG=Search+Images&gbv=2

[jesus_of_suburbia]

1. They all suck as far as I'm concerned.

[gateley]

6. To whom are you referring?

I initially thought you meant the people -- the masses of poor -- who the OP linked to. But "knowing" you, I think you're referring to the 'bring it on' people' -- right?

[jesus_of_suburbia]

18. The people who want a total collapse of our economy.

[sinkingfeeling]

23. And who might that be? Because many of us here disagreed that the proposed 'bailout' was the best

course of action, doesn't mean we're rooting for a total collapse of the economy. It's time for Congress to ditch Bush&co., bring in the leading economists in the country, have a serious discuss and come up with an acceptable plan.

[RoyGBiv]

24. Maybe you weren't ...

But there have been many people in the last 24 hours repeating a "Let it Burn!" mantra over and over.

And it's horrifying to watch. At first, I didn't believe them. I thought they were being intentionally naive. Then I saw a post by someone asking about the worst case, actual effects of a complete freeze on credit for the average person. And a couple people gave a realistic "worst case."

The response was ... tragic and was clearly a nihilistic war trumpet. On reflection, I realized the original question was disingenuous and that the response was not born of naivety, but abject, overwhelming, possibly willful ignorance.

[Subdivisions]

8. Bye then. n/t

[jesus_of_suburbia]

20. Good luck, precious, unless we get banned for wishing our economy is sound,

[Naturyl]

2. But who actually says this?

Opposing the bailout does not equal "bring on the collapse," just in case some are confused.

[kenny blankenship]

4. Calling out individuals posters is forbidden

but there are PLENTY of people who are shouting bring on the collapse -in exactly those words.

[Naturyl]

10. Then they are mentally ill

And should be regarded as such.

Problem solved, bill in the mail.

[pnwmom]

9. I'm not talking about people who have reasons for opposing the bailout.

I'm talking about the many people here who dismiss the pain involved in a severe recession, or even a depression.

[morgan2]

3. my grandmother tells me the depression

was the happiest time of her life. Let the old order crash, I'll live..

[pnwmom]

12. Probably because she was a small child then and not a party to her parents'

worries.

But my elderly relatives were scarred for life. They never stopped talking about it.

[Renew Deal]

5. Happy Days are Here Again!

:evilgrin:

[MadHound]

7. Never said to bring on the collapse

Simply said that this bailout was going to be worse than the problem. A bailout would have brought about a catastrophe much greater than what we could possibly face without the bailout.

[HamdenRice]

14. Of course that's what you said

What you never did was present evidence or any cogent argument for what you "said."

Anyone can say anything -- like that the moon is made of green cheese. That doesn't make it so.

[MadHound]

17. Gee, you didn't read the report on Moody's that I provided for you yesterday?

You didn't read about commercial houses downgrading bonds last week at this time? I thought that was plenty of evidence, but apparently you choose to disregard it, since it doesn't agree with your POV.

Oh, and since you're following me around like a little puppy dog, please provide me with a direct quote where I said "bring on the collapse"

I'll be waiting, for a long time I know.

[MadHound]

19. Gee, you didn't read the report on Moody's that I provided for you yesterday?

You didn't read about commercial houses downgrading bonds last week at this time? I thought that was plenty of evidence, but apparently you choose to disregard it, since it doesn't agree with your POV.

Oh, and since you're following me around like a little puppy dog, please provide me with a direct quote where I said "bring on the collapse"

I'll be waiting, for a long time I know.

[tularetom]

11. To be fair not all of those pictures were due to the excesses of the '20's

Many of those displaced from farms in the midwest and southwest in the 30's were not evicted by the banks, they were forced off their land by the weather.

[pnwmom]

21. Things might even be worse now, because we no longer have

an agrarian economy.

My husband's relatives managed to get by, living on their land. Now most people live in large cities and suburbs -- they don't have the option of self-sufficiency.

[RoyGBiv]

25. It wasn't "the weather..."

It was a combination of factors, of which the weather was one part.

The Depression hit the Midwest before it hit Wall Street.

[Taverner]

13. Thing is, those folks are armchair bolshiveks

[brazos121200]

15. Without the depression there would have been no Social Security,

or any New Deal legislation at all for that matter.

[Greyhound]

27. That is a good point. This is/was inevitable and a whole lot of very

smart people have been warning us away from this course for a very long time. We chose not to listen and, like all Ponzi schemes, it has to collapse. We have spent 30 years churning and selling worthless paper to each other and selling off real assets to keep the cash flowing into the Ponzi engine so the people at the top of the pyramid could get away with the loot.

We bought into the fantasy that the appearance of prosperity is the same as prosperity. After the dust settles (we're not done with the collapse yet) we can get to the job of building the next model, perhaps this time we will go back to the foundational principles of equity through production and sharing profits with those that make them possible.

"Made in the USA" used to mean the very best that can be made. Our stuff always cost more because it was better and people all over the world paid that price because, in the long run, better is far less expensive than cheap.

[Poll_Blind]

16. What a fucking nightmare- where are their IPODS?!?!? n/t

PB

[tama]

22. Capitalism

is extremely harmfull form of manic-depression.

[Chisox08]

26. Nobody is calling for a collapse

This bailout does nothing to help the American people. It doesn't get to the roots of what got us into the mess that we are in now. People lost their jobs and now if they can find work they are working two jobs and is making less than they were when they had one job. The other problem is health care the biggest reason people file for bankruptcy. One illness could wipe the average family out even with Insurance.
The only reason WAMU failed was because people pulled their money out of the bank. It was a classic run on the bank.
I don't want a collapse but it is coming and I rather it happens without this bailout then after it. The bailout will only make a collapse worse. We will not have the money to for propgrams to help pull us out becaus eit is in the hands of the wealthy few.
This was Bush's last ditch effort to raid what is left of the US treasury.

[girl gone mad]

28. I haven't seen those posts.

Our system is fundamentally broken. I don't think it's possible to bail it out at this point.

A collapse would probably be in our best interests, over the long term, though in the short term I know it will cause hardships. On the other hand, the greed and corruption of our loosely regulated capitalist system has caused enormous hardships, too. That's what got us to the point.

An economic system that requires such enormous bailouts from the government is clearly broken and should not be allowed to survive without radical changes. At this time we should be demanding those changes, not allowing ourselves to be held hostage to the demands of the very same people who created the mess.