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Reply #19: Economic Bubble & Public perception "bubble" are different. you didn't have to be rude about it. [View All]

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barbiegeek Donating Member (844 posts) Send PM | Profile | Ignore Sun Mar-13-11 06:18 PM
Response to Reply #12
19. Economic Bubble & Public perception "bubble" are different. you didn't have to be rude about it.
Edited on Sun Mar-13-11 06:27 PM by barbiegeek
Buying former government assets is asset accumulation. They are scrabbling to buy new industries: public schools, energy, waste water, etc. I don't think that will create a bubble unless they make the industries PUBLIC with stock options.

What I think they will do is: purposefully wreck it (strip it, foreign investment, consolidate) or resell at an outrageous price back to the government. It's all their private money from untraded businesses if it's not publicly traded.

The wastewater & energy is to important to have sub-business for controlling the dumping of chemicals from their other holdings & routing more electricity/energy to their other plants.

I agree they are buying industries that are former government controlled, but that doesn't mean that mainstream America will ever make the connection that they are privately held.

There is idiots out their that don't even know that social security & medicare are from the government.

Ask yourself this: *Why would Koch who uses bleach/chemicals for it's products want a waste water plant. Would they want it privately held or publicly held? Do they want the EPA? Do they want to reduce State EPA standards. Is Walker getting a job after governor at one of the companies?

You are on the right track, but this rabbit hole is deep. It isn't just about bubbles & crashes or creating wealth through the creation & destruction of an industry. It can be for the expansion of an existing one, to protect the one they have.

That is why I asked you to make it more clear.

And NO the public will never know; we don't own the media & they will own the schools.
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