ATG wrote:
I submit that the radical left is intentionally trashing the economy. Look at george sorros ( spelling )
That guy talks openly about intentionally destabilizing economies.
Did he not make billions ruining the brittish pound?
Did goldman sachs not make billions short selling junk mortgages and helping to snowball a meltdown?
Or, take jesse jackson and al sharpton. They are railing against Arizona. Illegal aliens take more jobs from blacks than whites.
Unsustainable pensions for unions are bankrupting city and states and who can the unions be counted on to vote for and bankroll?
Radical leftist.
Amnesty the obama way may tear this country apart because it goes against law and order and is anarchy, a favorite theme of the radical left.
They can print money.
Ok then....
This isn't about left or right, ATG. Look, at the end of the day, it's not really about ideology. The people with the most power in our system care about only one thing -- power. If that means pushing people to the left, that's what will happen. If that means pushing to the right, that happens.
The reason why there is a corporate elite running things is basically the same reason why any elite class develops. As long as you can keep the masses divided bickering over race, religion, politics, culture, etc., then the real powers that be can do as they please.
In the end, only one socioeconomic factor matters -- class. The rich run the show at everyone else's expense. And I'm not talking about Joe Blow the lawyer who makes $300,000 a year. I'm not talking about some sports superstar with a $100 million contract. I'm not even talking about Rush Limbaugh, who makes $400 million.
The real powers that be are in the Fortune 500. These guys will often do what they can to stay out of the public eye, because they don't really like the little people. To them, most of us are cattle. Can you blame them though? Think about it. If you had billions upon billions in assets, what would you do with all of it? It's not like you can actually spend all of that, even if your tastes are extravagant. So, typically, they isolate themselves. They build up their own sheltered communities that separate them from the outside world. Every once in a while, you'll hear about a billionaire that likes the common man, like Warren Buffett, but those guys are rare. More often than not, people at this level of wealth tend to find most of society distasteful.
So with this isolation comes contempt. They don't really care what becomes of you or me. The income tax rate doesn't really matter to them, because at this level, they have so many tax loopholes that the AMT is usually the most they pay. And besides, they can afford the best accountants that exist, so you know their filings will ensure they have the absolute minimum tax liability possible. If, for some reason, they don't like the way a tax law is written, well... it's not like it would be that hard to arrange a meeting with the necessary legislators.
The point is, the instability of Wall Street doesn't concern them. They have so much money that crashes barely affect them, and if for some reason, they actually did get hurt some.... well, it's not like a bailout is that hard to pass.
They don't care if you lose or keep your house. They might make a few moves through mortgage derivatives that put your house at risk, but if it goes wrong, oh well... They can take a measly loss of a few hundred thousand.
See, it's not that they want you to lose your house. They just don't give a shit either way. To them, you're an ant... a name on a piece of paper... a number in an account. That's how inconsequential people like you or me are to the powers that be.
It's not some grand conspiracy -- it's just the fact that we are utterly powerless compared to them.
This is why the only threat we ever remotely pose to these people is when we unite as one very large mass. When the working class actually sticks together on something, things at least have a shot at changing in our favor. But you'll notice that everytime someone manages to do that, they usually get killed -- like MLK or RFK.
Because honestly, that's the only thing they really fear.
Last edited by Turquoise (2010-04-27 22:17:12)