Posted on March 13th, 2010 by jack
with government trying to save institutions like citibank, is it heading towards state controlled economy?Actually it has been an unmitigated, absolute, unqualified raging success if you happen to be a crooked wall street banker or an elite one-worlder who is looking to impoverish the last great power and consolidate it's wealth.
The destruction we are witnessing is by design. We as a people are being financially ruined and will be enslaved by the debt that remains when the smoke clears. Behold the economic 911, and take note of the controlled demolition as it unfolds.
The so called "solutions" our great leaders have come up in response to the daily crises that we have recently been met with do not fall under any legitimate economic school (Keynesian, Chicago, Classical, etc..), nor do they fit into any known political theory (Republican, Democratic, Communist, Socialist, etc...). What we are witnessing is a full scale HEIST! We, the American people are being robbed before our eyes, and the country will never be the same. Our Trust and Honor have been destroyed before the eyes of the world.
We have but a short time to realize that we are at economic war with the "powers that be". International banking elites and criminal corporate pirates have compromised and bought off our weak political leaders. We are falling head long into Fascism and a strengthening police state.
Study Weimar Germany of the early 20s to see our future. There is a time for everything as the Good Book says, and right now it's time to get mad. Read the founding documents and take a stand!
Not in a million years. The government is saving financial and banking institutions like Citi and others because it is trying to keep the credit markets open. When people cannot get loans to pay for new items (cars, houses, dishwashers, etc. you get the idea) and when businesses cannot expand (purchase new equipment, new supplies) then the economy will not go forward. Instead, the economy will come to a grinding halt and and shrink (layoffs, fewer items being produced). That's what's called a recession and that's how the one we're in happened. So keeping banks open is a way to "stop the bleeding" and prevent long-term irreparable damage. we have obama so we have hope. companies that lose money will be subsidized, and companies that make money will pay windfall taxes. we need change!Yes, it's a total failure, but no we aren't headed to a state-controlled economy.
The percentage of the US economy the government is investing in is tiny. The vast majority will still be controlled by market forces rather than the hand of the federal government.It has been a total failure since the creation of the creation of the Federal Reserve system in 1913. We are already in a quasi-state controlled economy. I hope we do not head more in that direction but when one political party is in control of BOTH congress and the presidency it seems that we get more and bigger government. Divided government is less dangerous than a government in the hands of a single party.Well yes, the American economic policy is a total failure as it has always been with a wrong policy from the begining.I think America, irrespective of the recession is still a very strong economy, far more stronger than most countries can even imagine. They have lots of resources in different parts of the world. A recession won't do anything to US economy the way many people think. Well I am not American.Nothing is perfect. Everything is evolving. All for better survival, so should capitalism.#If you have any other info about this subject , Please add it free.# |
|
Tags: badahutong.com edit //