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Thu May 24, 2012, 08:38 AM

 

Crashing the economy


The banksters win either way. If the economy crashes they still win plus with the potential bonus of getting more of their Repub buddies in office because a large section of the American people are willful idiots who listen to FOX and radio talkshows for their views. It's a struggle between the private corporate sector and our dwindling public service sector. 30 years of corporate media's blaming "government" is taking it's toll. The banksters are winning and they won't be denied their profit margins, for their investors, off the backs of our tax dollars.

All the focus by the rightwing on "deficits" when they didn't give a rat's ass about it while running up two credit card wars of choice, tax cuts for the wealthy, and Medicare part D.

Austerity (cutting government) is counter-productive to economic expansion but this is going to be a heavy lift of understanding for the braindead masses to grasp due to the constant barrage of propaganda from the finance/bankster/insurance sectors who own the airwaves and much of our political system.


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Reply Crashing the economy (Original post)
SHRED May 2012 OP
SoCalDem May 2012 #1
SHRED May 2012 #2
SoCalDem May 2012 #3

Response to SHRED (Original post)

Thu May 24, 2012, 08:48 AM

1. While the calamity was fresh in all our minds, I so wish

that Obama (70+ approval rating then) would have let the damned Bush taxes expire that first january, and reminded us all that we needed to start paying for all Bushie's wars that he never paid for.

I also wish he had approached the bank.real estate fiasco by resetting all current mortgages downward with vouchers that would be "cashed in" at banks..They would have gotten the same amount of money, but homeowners would have been aided as well, and property values would have come into alignment with interest rates.

Homeowners with money to spend, would have spent..and the extra tax receipts would have certainly helped our bottom line, and unemployment numbers as well..

It would have also taken away the GOP's bargaining chip.

We controlled congress until 2010, ans could have surely pushed through a stand-alone tax relief plan for people making less than $100K.. Combine that with real estate relief for home buyers and his approval rate would have remained high...and the GOP would have been flat on their backs & might have not made progress in 2010

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Response to SoCalDem (Reply #1)

Thu May 24, 2012, 02:07 PM

2. I like how you think

 

SoCal? I'm in the encinitas area

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Response to SHRED (Reply #2)

Thu May 24, 2012, 06:09 PM

3. Riverside suburb, here

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