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rhett o rick

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Member since: Fri Apr 22, 2005, 01:05 PM
Number of posts: 38,153

Journal Archives

The lax regulation of Wall Street is a threat to our economy.

Wall Street has proven beyond a doubt that without proper regulations they can crash the economy. Very little is being done to prevent another situation where they can again blackmail the American citizens into paying trillions to save the economy.

Two major problems discussed in Dean Baker’s, "False Profits" are the failure of the Fed to control economic bubbles, like the housing bubble, and the rampant speculation by our banks which is backed by taxpayer's dollars.

The Fed is intended to regulate our economy to benefit all Americans. That means dealing with unemployment. However, most of the board members are bankers and it looks like their actions favor those banks over the 99% masses. The Fed operates with our economy at stake, in almost complete secrecy. It’s dealings should be made more transparent and they should have to meet with Congress on a regular basis.

We need to reestablish controls similar to those of the Glass-Steagall Act. Also, a Financial Transaction Tax needs to be established to reign in the rampant speculation that endangers our savings.

There are a lot of important issues we need to tackle. Free and fair elections must have a high

priority.

None of the important issues facing us will matter if we don’t fix the election system. It wont matter what we do about gun control, marijuana laws, same-sex marriage, Medicare, etc., if we allow the Republicans to steal future elections. They will be able to undo any good we do.
Some here think that we are safe because the oligarchic elites failed in the presidential race of 2012. Please, we cant let our guard down. The midterm election will be here before you know it and we wont have President Barack Obama’s coat tails to count on. Then in 2016 we must be prepared. The Democratic Party must take the lead in countering Republican voter suppression methods and correct the damage done by gerrymandering.

NGU
Posted by rhett o rick | Tue Feb 5, 2013, 12:56 AM (6 replies)

McCain has been used and tossed aside. He has always been a tool of the elite overlords.

In 2007 the overlords could see that the masses were getting tired of being screwed by the repubs, so they decided to let the Democrats win the presidency and then obstruct for 4 years to prove to the masses that the Democrats werent saviors. That's the only reason that a tool like McCain got the nomination. And to make sure they choose Sarah Palin as his running mate. IMO McCain didnt pick her. He openly despised her. The overlords are done with McCain and Palin both.

Posted by rhett o rick | Sat Feb 2, 2013, 12:41 PM (0 replies)

Do not feel too harshly towards those that need the comfort of their denial bubbles.

We see it here in DU as a reflection of our society. People form denial bubbles because they cant (or choose not to) deal with certain challenges to their realities. I think we all live in bubbles with different boundaries. Some challenge the bubble boundaries (usually not conservatives) while others, not only dont challenge their boundaries but lash out at anyone that might dare to suggest they make the challenge.

Seems that some of us, when faced with a horrific reality, seek to rationalize or minimize the horror. To think that an organization was capable of plotting and carrying out the assassination of a popular president can be overwhelming. And to add to that, the idea that part of our government could have been involved can be way too much reality for some.

To some it seems to be more comfortable to rationalize that a lone nitwit could defeat the security surrounding the president. And since he was conveniently silenced, the case is closed and should never, ever be discussed again.

IMHO humans conspire at all levels.

Do not blame the businesses.

If you dont restrain capitalism, this is what you get. In spite of what Justice Roberts says businesses are not human and do not have morals. In a capitalistic system the goal is to gain as much wealth as possible and morals get in the way of that goal. Some will argue that we have humans running the companies. Sure we do, and those humans that use morals to run their businesses soon find out that they "gain" less than the companies that are not guided by morals and they are soon replaced.

Bad analogy time

Let's say we are going to have a football game and someone says "Hey we have too many regulations. Let's eliminate the regulation on how many players can be in the game." So Team A fields 11 players and Team B fields 20 players and proceeds to kick Team A's asses. Team A complains that it wasnt fair or moral for team to play with more players. Team B responds that the goal is to win the game not be the most moral.

The goal in capitalism is to gain wealth not be moral. If we want morality we must force it on the corporations, not sit back and expect them to see the light and voluntarily become moral.

I think this is a profound article. But first Happy Nude Year to all.

At least as I read it.

I truly believe we are doomed. What I mean is that peoplekind can not continue long in the direction we are headed and I see no stopping us. Those humans that lived in concert with the earth have long been wiped out leaving us that desperately want to increase our standard of living and are willing to do so at the expense of others. We have our bubbles to isolate us from this reality.

If we said that we could end poverty in America today if everyone of us cut our standard of living by 25%, how many of us would do it? There are certainly some that would and I believe Occupy gave us a glimpse of what would happen to those that tried. If you wonder why decent people will stand by and watch peaceful protestors, wanting only freedom and fairness, get brutalized, it's because the protestors dare to try to drag us out of our bubbles.

We may make some remarkable efforts for correction, but the greedy seem always to win out and they are more than willing to kill the goose laying the golden eggs.

In spite of this I vow to fight for freedom, fairness and equality, harder than ever this year.





Posted by rhett o rick | Tue Jan 1, 2013, 10:48 AM (0 replies)

I choose to believe it. Yes I understand that it's partially because I "want to believe".

Those that dont believe, also do so because they "want not to believe". They dont believe that where there is smoke, there is fire. I dont have a problem as long as they dont use ridicule to try to change my mind.

IMO it is well documented that the presidential elections were stolen in 2000 and 2004. Many still refuse to believe it because it would shake their view of reality. They argue that the DoJ hasnt done anything therefore there isnt any evidence. The poor logic is used to protect their view of reality. IMO the DoJ hasnt done anything for the same reason Al Gore conceded in 2000. He was afraid that a serious challenge to the electoral system might tear the country apart.

Here is how I see it. Karl Rove is a "fixer". He has a documented history of influencing elections. Give him a blank check and I guarantee he will try to "fix" an election or three. That's what he does. In the last couple of years with all the distractions of all the nitwits running for the repub nomination, I kept saying "keep your eyes on Karl". He is up to something. I also believe that the oligarch overlords didnt worry about nominating a total train wreck because the fix was in.

As far as Anon, I believe it wouldnt be hard to monitor Rove's minions and interfere with their attempts to flip votes. I also believe that something went very wrong on election night. Karl's behavior indicated such.

You go Joe.

Reprinted:
“They talk about this Great Recession as if it fell out of the sky, like, “Oh, my goodness, where did it come from?” It came from this man (Ryan) voting to put two wars on a credit card, to at the same time put a prescription drug benefit on the credit card, a trillion-dollar tax cut for the very wealthy. I was there. I voted against them. I said, no we can’t afford that. And now, all of a sudden, these guys are so seized with the concern about the debt that they created.”

Bullies come in different forms. We all know the leader bullies but the follower bullies

are just as bad. The follower bullies reinforce and enable the leader bullies to have enough nerve to bully. IMO bullies are by nature cowards, so they need an advantage before they will bully. Size is often the advantage, but so are numbers. I have seen posters in DU get bullied by a group of bullies that are brave in numbers. Also, some bullies believe they have God, the law or the rules behind them to justify their bullying. They are only trying to clean up the neighborhood or DU. I call them self-righteous bullies.

IMO calling out jurors or alerters because you dont agree with their decisions, is a form of bullying.

It is difficult to stand up to bullies. One needs the community and friends help to eliminate the bullies' advantage. I am not talking about retribution, I am talking about support. If you see someone being bullied at work, at school or anywhere, stand with them. A lot of times, that's all it takes.

Greed will be the downfall of the greedy.

With Citizens United behind them the oligarch overlords can buy whatever Republican candidate they want and maybe even buy his election. But instead of buying a moderate, half-way decent human being that might actually appeal to many Americans, they went for it all. They chose a robot. Someone they could completely control. Someone that is willing to give his soul to be called Mr. President. They thought with the CU ruling and their billions they had it in the bag. They over-stepped.

But don’t celebrate too soon. It aint over and they are learning as they go.

The irony so far is that the Citizens United decision has hurt conservatives most. They have seen a whack-a-doddle and his backers literally (well sort of literally) buy the candidacy out from under them.
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