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Fri Jan 11, 2013, 02:26 PM

Thom Hartmann: Are we heading to an economic crash in the next few years?



Dr. Michael Hudson, Institute for the Study of Long-Term Economic Trends, joins Thom Hartmann. The United States is the only developed nation in the world that doesn't guarantee paid holidays, paid annual leave, or paid maternity leave. They've taken away our sense of safety in the workplace - as safety laws and regulations are continually getting watered down. Heck, they’ve even taken our money by flattening our wages during a time of increased productivity. And in New Hampshire - Republicans are doing the bidding if Corporate America to get rid of our lunch breaks. This is nothing short of theft - and pretty soon, we’ll be handing over the shirts on our backs, just so our bosses can squeeze out whatever profits they can. It's also symptomatic of a larger war being wages on not just working people - but entire cities and even our federal government by the financial elite

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

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Reply Thom Hartmann: Are we heading to an economic crash in the next few years? (Original post)
thomhartmann Jan 2013 OP
Publiuus Jan 2013 #1
Jackpine Radical Jan 2013 #2
RiverSong Jan 2013 #3
DhhD Jan 2013 #4

Response to thomhartmann (Original post)

Fri Jan 11, 2013, 02:42 PM

1. Decades of poor policy

 

I am new to this forum, an I have to say I am a bit perplexed that there isn't much discussion of economics and monetary policy that I've seen. Unfortunately, we are working on a crash. The value of the dollar is continually decreasing, which hurts the middle class and makes the rich richer. Our Federal reserve banking system almost guarantees that the banks will forever own the means of economic production. Government spending continually increases which can only end in inflation (which always benefits the bankers and the rich), and will require that the poor continually fund more and more sovereign debt. NAFTA an GATT have been successful at nothing except moving American jobs overseas. You tell me where America went wrong?

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Response to Publiuus (Reply #1)

Fri Jan 11, 2013, 03:48 PM

2. Hang around a while.

I think you'll se some economic discussion, and your views are pretty close to the mainstream around here.

You might also want to check out the Democratic Socialists forum.

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Response to Publiuus (Reply #1)

Fri Jan 11, 2013, 08:18 PM

3. Check out the Economy Forum

perhaps you'll find more of the discussion of economics that you seek there:

http://www.democraticunderground.com/?com=forum&id=1116


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Response to thomhartmann (Original post)

Sat Jan 12, 2013, 04:24 PM

4. We are beginning to really experience that Giant Sucking Sound that Ross Perot warned us about.

Labor goes first. Then Pensions. Then Social Security IOUs. Then workers at facist businesses. Then stockholders. They too are derailed by their hirees and banksters. Its like a song, Take the Money and Run, like rats jumping ship. And it all came tumbling down.

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