Summary: "New studies show that America's corporate chieftains are living like kings while the middle class stagnates and shrivels. Yet, the Tea Party and other anti-tax forces remain determined to protect the historically low tax rates of the rich and push the burden of reducing the federal debt onto the rest of society, a curious approach explored by Robert Parry."
Union members and activists carrying signs expressing outrage at corporate greed urged Congress and the president to be tougher on the banks, 04/30/10. (photo: Oliver Quillia/CNBC)
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When the former Soviet Union was extant (CCCP) there was a "check and balance" system going on (the so-called "Cold War") America had to attempt to disprove the anti-Capitalist propaganda that was coming out of Moscow at that time, thus showing a "friendly façade" on capitalism. Now, with the demise of the CCCP, there is no "machine governor" and capitalism today has become like a runaway diesel engine. It shall race until it overheats and flys apart. That is what is happening in America today, a runaway engine. It was a gross mistake for Reagan during the 1980's to cause the CCCP to fail. Man's innate trait of greed shall not work in any system that is devised. It's man's downfall. If there is a way to temper the element of greed, that is Man's only hope! Until then, Pain and Suffering shall be an endless cycle, like turning the Buddhist wheel to the left (karma).
How maximizing short term profit can create any value?
Wars are example - result of maximizing short term profit.
Destroyed environment is a product of maximizing short term profit.
Beware people who only have one idea. We need many.
without having a large stable middleclass.
In US the rich are getting more rich and the
middleclass getting more poor creating a huge gap between the ones who have and the ones who have nothing.
That´s the sure way to fascism and policestate.
What is needed now is a "no-fly-zone"
over America, freeing Bradley Manning, and an "Arab" awakening.
Good luck!
If the answer to both is YES -- never mind. If the answers are NO -- then how can any of them expect their children to live in the USA without starving (etc)?
Vote 2012 and if your governor is a GOP/TP - REGISTER NOW - and get all young/old registered. Then get mail-in ballots. (You've been warned that the Koch brothers will make sure you cannot register on voting day and maybe your voting site will "move that morning without notification" (THEY have told us that is their agenda).
Now OHIO is fighting for their rights as did Wisconsin! VOTE these creeps OUT.
If you're from KY -- get rid of the Turtle.
Adam Smith - The Wealth of Nations
and ....
"As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce."
I recall a friend telling me about two of her colleagues. Each had rare numbers in a national contest. If they combined them, they would win and share $100,000. One agreed, but the other refused--she wanted all the money for herself. Eventually the contest ended, and neither won a penny.
I've also known people who would not share a good investment tip with friends--they wanted it all to themselves.
America needs a shrink. It's as if, in so many ways, we are all losing or have lost our minds and civility.
Also Robert Wright book - NON ZERO.
We play Zero Sum game - and loose at the end. Winners and Loosers - but Homo Destructor luck is running OUT.
Everyone but the "Rich" are wage slaves, or serfs, in the fife of the the elite.
How can this be happening? I think Americans are basically unable to think rationally. What else can it be?
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