The proper word for it is "sabotage"

[kpete]

SAT JUN 11, 2011 AT 07:30 PM PDT
The proper word for it is "sabotage"
byK S LaVida

.........

And what 2010 illustrated is that the electorate pins too much on the presidency. Since Obama did not by himself fix the whole economy, it's his fault. The fact that Congress won't allow the needed stimulus is not relevant; after all, the Banana Republicans in the echo chamber have successfully turned "stimulus" into a half word, the first half being "failed". And Democrats have been too weak on the defense. So a Republican-caused Depression would likely put more Republicans in power, to cause even more harm.

But who wins in this scenario? Naturally, there are winners. A real deep depression caused by a default would help those who have money, the big lenders. They're getting very little for their cash now, in times of low interest rates. So they'll make out like bandits. Resource owners would do well too, as barter and commodities might become more important. The Koch Brothers have probably had their own economists do a study on how much profit they could make from this scenario. The Saudis, the Chinese, and other big lenders know that they'll eventually get paid off. In the meantime they'll make tons more on their investments in the newly junk-bond US Treasury.

And a deep depression lowers the cost of labor, making the rich seem even richer. Servants will be easier to hire. Corporations will pay less, and there will be pressure to take dangerous jobs and not report workplace safety violations. What works in Bangladesh will work here too. That's the calculation. And even in dirt-poor Bangladesh, the rich are very rich.

So don't assume that Wall Street has it under control and that it's entirely a feint. Let's hope that's true. But the risk of default is real. The consequences would be real. And they're consequences that the Banana Republicans want to see happen. They want to reduce the USA of 2012 to the Argentina 1912. They want to sabotage the country, because they see it as their only way to regain power. We have to stop them.

MORE:
http://www.dailykos.com/story/2011/06/11/984373/-The-proper-word-for-it-is-sabotage?via=siderec

[no_hypocrisy]

1. There's a point in a Depression where it's so pronounced that

remedies are not effective.

[n2doc]

3. remedies take time

The Republicons are trying to delay so that things will get worse and they can then blame Obama and the Democrats for their 'failed policies'

They are traitors.

[SpiralHawk]

2. Republicons sabotaging Americans

Yup - just about exactly what they have in mind...

[fivepennies]

4. Kick off your shoes, kiddies.

Sabotage is the generic term for a whole host of tricks, deviltry, and assorted nastiness that can remind the boss how much he needs his workers (and how little the workers need them). Here are some examples

The term "sabotage" derives from French factory workers throwing their wooden shoes ("sabots") into machinery to jam them and stop production. Sabotage refers to all activities which workers can undertake to reduce production or rate of work.

[MadHound]

5. It isn't that the Dems have been too weak on the defense,

The fact is they haven't even fought for what is needed, even when they had all the tools they needed. Time and again they backed down, over the stimulus, over health care reform, over the tax cuts, rather than standing up and fighting, they simply folded and went home.

So what is left to vote for?