The Truth About the Economy

ttystikk

ttystikk

Well-Known Member
bu$hleaguer said:
Yeah I'd love to, but I don't register as either, they're both evil.
Click to expand...
It's the system we have. The more you participate, the Mir difference you can make. If the groundwork isn't laid early, we won't get the chance to vote for Bernie at all in November next year.
 
Fogdog

Fogdog

Well-Known Member
ttystikk said:
Those who deny that we have ability to shape our own destiny are usually terrified of the thought that they actually could.
Click to expand...
Things are going to have to get worse before the 90% start acting in together in enough numbers to reverse the trends that Reich points out in the original post. So, for now, the deniers are probably correct in that the 0.1% is calling the shots and they will have their way for a while longer.

In times past the ultra rich have called the shots until their destruction by those they suppress and this time around, there is no reason to think things will be any different. Whether change is violent or peaceful depends on how long the 0.1% manages to prevent the kind of change that addresses Reich's talking points and if our democracy holds through the crisis. The US went through a similar crisis more or less peacefully in 1932 but conditions were worse back then for the 90%. Violent revolution was in the air at the time and the uber-rich were mightily scared. Imagine if the Donald had been elected president at that time instead of Roosevelt.

This is all to say that although I will support Sanders in the primary and probably any Democrat over a Republican in the general election, I'm only hopeful and not confident that things will get better over the following term. I'm more interested in harm reduction in this election cycle. We shouldn't underestimate the harm that a Republican president can do. After all, we have only to look back on the previous administration to see how badly things go when the 0.1% have control. War, exploding debt, recession, scandal beyond anything that happened under Obama, scapegoating of minorities and total conservative control of the Supreme Court are what we can look forward to if this occurs. So, yeah, harm reduction sounds good to me.
 
ttystikk

ttystikk

Well-Known Member
Fogdog said:
Things are going to have to get worse before the 90% start acting in together in enough numbers to reverse the trends that Reich points out in the original post. So, for now, the deniers are probably correct in that the 0.1% is calling the shots and they will have their way for a while longer.

In times past the ultra rich have called the shots until their destruction by those they suppress and this time around, there is no reason to think things will be any different. Whether change is violent or peaceful depends on how long the 0.1% manages to prevent the kind of change that addresses Reich's talking points and if our democracy holds through the crisis. The US went through a similar crisis more or less peacefully in 1932 but conditions were worse back then for the 90%. Violent revolution was in the air at the time and the uber-rich were mightily scared. Imagine if the Donald had been elected president at that time instead of Roosevelt.

This is all to say that although I will support Sanders in the primary and probably any Democrat over a Republican in the general election, I'm only hopeful and not confident that things will get better over the following term. I'm more interested in harm reduction in this election cycle. We shouldn't underestimate the harm that a Republican president can do. After all, we have only to look back on the previous administration to see how badly things go when the 0.1% have control. War, exploding debt, recession, scandal beyond anything that happened under Obama, scapegoating of minorities and total conservative control of the Supreme Court are what we can look forward to if this occurs. So, yeah, harm reduction sounds good to me.
Click to expand...
Agreed, on all counts. I just want to have the chance to vote FOR someone whose policies I think are appropriate as opposed to AGAINST making the present mess worse!
 
B

bluerock

Active Member
Harrekin said:
If you'd use your intelligence you'd see the main recurring theme that collapses empires:

The devaluation of currency.
Click to expand...
If you had done any real research, you would realize that a "collapsing currency" is not on the immediate horizon. Ever hear of US Treasury bonds? What are the yields and how do they compare historically? Think yields are going up soon? Think again.
 
B

bluerock

Active Member
Fogdog said:
oh, another soothsayer

Its difficult to make predictions especially about the future. I don't think your ideas will come to fruition. Then again, I don't think mine will either.

Rather than try to predict the future, make it. We aren't pawns, we are the 90%.
Click to expand...
Soothsayer? Your handle is most appropriate.

"It is difficult to make predictions about the future." Well, no shit. However, human behavior is a generationally persistent recurring pattern.

"I don't think your ideas will come to fruition." Sorry, they ALREADY ARE.

"Rather than try to predict the future, make it." That's nice, a little foggy propaganda. Fact is, the damage has already been done and nothing can change that.
 
Fogdog

Fogdog

Well-Known Member
bluerock said:
Soothsayer? Your handle is most appropriate.

"It is difficult to make predictions about the future." Well, no shit. However, human behavior is a generationally persistent recurring pattern.

"I don't think your ideas will come to fruition." Sorry, they ALREADY ARE.

"Rather than try to predict the future, make it." That's nice, a little foggy propaganda. Fact is, the damage has already been done and nothing can change that.
Click to expand...
yep, they have affixed the nose ring and are leading you about with it. Good luck at the slaughterhouse.

So, from what you say, its all pre-ordained. All we can do is put our heads in the sand and kiss our asses good bye. Thanks for the advice. Well not really.
 
Harrekin

Harrekin

Well-Known Member
bluerock said:
If you had done any real research, you would realize that a "collapsing currency" is not on the immediate horizon. Ever hear of US Treasury bonds? What are the yields and how do they compare historically? Think yields are going up soon? Think again.
Click to expand...
You mean the bonds that cost more to service than the country that needed a liquidity bailout in 08 (Ireland)?

Just cos the slide is slower doesn't mean it won't happen.
 
OGEvilgenius

OGEvilgenius

Well-Known Member
Fogdog said:
Things are going to have to get worse before the 90% start acting in together in enough numbers to reverse the trends that Reich points out in the original post. So, for now, the deniers are probably correct in that the 0.1% is calling the shots and they will have their way for a while longer.

In times past the ultra rich have called the shots until their destruction by those they suppress and this time around, there is no reason to think things will be any different. Whether change is violent or peaceful depends on how long the 0.1% manages to prevent the kind of change that addresses Reich's talking points and if our democracy holds through the crisis. The US went through a similar crisis more or less peacefully in 1932 but conditions were worse back then for the 90%. Violent revolution was in the air at the time and the uber-rich were mightily scared. Imagine if the Donald had been elected president at that time instead of Roosevelt.

This is all to say that although I will support Sanders in the primary and probably any Democrat over a Republican in the general election, I'm only hopeful and not confident that things will get better over the following term. I'm more interested in harm reduction in this election cycle. We shouldn't underestimate the harm that a Republican president can do. After all, we have only to look back on the previous administration to see how badly things go when the 0.1% have control. War, exploding debt, recession, scandal beyond anything that happened under Obama, scapegoating of minorities and total conservative control of the Supreme Court are what we can look forward to if this occurs. So, yeah, harm reduction sounds good to me.
Click to expand...
People during the Great Depression were significantly better prepared to deal with the fall out of a serious economic or social disaster than people are now. Almost 90% of people lived and worked on farms during that era and were often quite self sufficient for a number of important necessities.

I always find these discussions fascinating though as I rarely if ever see anyone actually address the causes of these problems in any meaningful way. Yet somehow solutions are offered.

The idea it takes decades to fix these problems is a ridiculous one for the record.
 
You must log in or register to reply here.
Top