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  1. #1
    Thailand Expat Jesus Jones's Avatar
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    Is this the end of America?

    Helicopter Ben Bernanke's Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late-night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U. S. Congress is launching another public jihad against corporations and bankers.

    As an aghast world -- from China to Chicago and Chihuahua -- watches, the circus-like U. S. political system seems to be declining into near chaos. Through it all, stock and financial markets are paralyzed. The more the policy regime does, the worse the outlook gets. The multi-ringed spectacle raises a disturbing question in many minds: Is this the end of America?

    Probably not, if only because there are good reasons for optimism. The U. S. economy has pulled out of self-destructive political spirals in the past, spurred on by its business class and corporate leaders, the profit-making and market-creating people who rose above the political turmoil to once again lift the world out of financial crisis. It's happened many times before, except for once, when it took 20 years to rise out of the Great Depression.

    Past success, however, is no guarantee of future recovery, especially now when there are daily disasters and new indicators of political breakdown. All developments are not disasters in themselves. The AIG bonus firestorm is a diversion from real issues , but it puts the ghastly political classes who make U. S. law on display for what they are: ageing self-serving demagogues who have spent decades warping the U. S. political system for their own ends. We see the system up close, law-making that is riddled with slap-dash, incompetence and gamesmanship.

    Terence Corcoran: Is this the end of America?
    You bullied, you laughed, you lied, you lost!

  2. #2
    I am in Jail

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    Dunno, the BO lovers and the libbie press are not questioning any of these blunders and shenanigans. Let's see how the Sunday polinews shows treat this sh*t.
    You got the pretty boy at the mike and these folks just keep lapping it up. (Hello! Remember he and many of his team are from Chicago.)
    God forbid America is attacked anytime soon. It will be total chaos leading to anarchy. Or mebbe Chinese as the official language.

  3. #3
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    Quote Originally Posted by Jet Gorgon View Post
    God forbid America is attacked anytime soon. It will be total chaos leading to anarchy. Or mebbe Chinese as the official language.
    America doesn't need to be attacked because it's doing a pretty good job of destroying itself. Wall Street insiders have spent the past two decades buying both political parties and destroying their country's economy in the process. Worst of all, the old boys network from places such as Goldman Sachs and AIG still hold such immense power that they've convinced both the Bush and Obama administrations to bail them out, even at the expense of bankrupting their own government. They really could care less what happens to the USA.

    Rolling Stone's Matt Taibbi put it this way:

    "And all this happened at the end of eight straight years that America devoted to frantically chasing the shadow of a terrorist threat to no avail, eight years spent stopping every citizen at every airport to search every purse, bag, crotch and briefcase for juice boxes and explosive tubes of toothpaste. Yet in the end, our government had no mechanism for searching the balance sheets of companies that held life-or-death power over our society"


    The Big Takeover : Rolling Stone

  4. #4
    I am in Jail

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    ^ Sure, laugh at the heavy-duty security measures now. I'd rather be safe than sorry, and it would be the libbies freaking out that the govt didn't protect them if another attack had occurred. Mebbe those mega security checks were a reason.
    Goldman Sachs? Better add several other IBs there little boy if you want to point fingers. You best check the Bilderberg group. You know, where obama and clinton et al had to pass muster a few months ago. Check out the Euro members while you're at it.
    Sure, Rolling Stone is a great mag for music. Go have another toke of that joint.

  5. #5
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    Quote Originally Posted by Jet Gorgon View Post
    ... Goldman Sachs? Better add several other IBs there little boy if you want to point fingers. You best check the Bilderberg group. You know, where obama and clinton et al had to pass muster a few months ago. Check out the Euro members while you're at it. Sure, Rolling Stone is a great mag for music. Go have another toke of that joint.
    'Little boy'??? Where did that come from?? Are you having a bad hair day? Btw, I don't smoke pot. I don't read Rolling Stone, either. The article by their contributing editor Matt Taibbi has been distributed electronically throughout something called the Internet. My hard earned tax dollars are being used to bail out Goldman Sachs and AIG, not your Bilderberg group. If I did smoke pot, I'd probably have a field day studying the Bilderberg group, the Freemasons, the Illuminati and space aliens. For the present, I'm only concerned with the people on Wall Street, along with their Republican and Democrat enablers, who are stealing my tax dollars and my country.

  6. #6
    I am in Jail

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    ^ AIG, Citi, GM, etc should have been left to die or survive on their own, IMO. You added the Rolling Stone interview, so it's fair game for me to attack your choice of quotes.
    Aww, still bashing Wall Street? Check how much those firms have contributed to the govt coffers over the years in taxes -- oh, but they ripped off the govt thru sneaky tax loopholes. Mebbe, but they sure paid alot of millions in taxes that union workers never did. And how much $ did all those bankers give to charities, which are all suffering now?
    And I don't have bad hair days. I have jungle hair. Do you still have hair?

  7. #7
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    It is a real eye opener to see the pinnacle of the free enterprise capitalist systems lawmakers attempt to suddenly and retrospective render legal contracts worthless, and advocating that foreign debts should not be paid in full as long as America is in trouble.

    America just now desperately need foreign trust and confidence in the American business system and the US Dollar and this is surely not the way to go about retaining it.

    And it is pitiful to see the same lawmakers try to a peace the American public with panic tax laws that mean nothing to the recipients of bonuses in foreign country's under foreign taxation laws, if you have made a mistake you suck it up and try not to make the same mistake again, you don't go out and change the rules backwards in time, who is ever going to trust you again after that.

    Last edited by larvidchr; 23-03-2009 at 03:00 PM.

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