General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsProgressiveProfessor
(22,144 posts)Yet generally we believe in white privilege
Scuba
(53,475 posts)ProgressiveProfessor
(22,144 posts)Maybe not the MIC part.
truedelphi
(32,324 posts)When the dot com boomity boom was going on, housing prices in my area exploded. That particular boom only helped you out if you were in the dot com field, or else you were a stock broker.
Then that boom collapsed, and the housing market boom kicked in. Again housing prices exploded, and even rents went sky high. I guess that time around I did benefit, a some people with money hired me, and it does seem like I was employed lot during those years.
But I didn't increase my earnings by any miracle amounts of money. I just stayed steadily employed.
Then came the Economic Collapse of Autumn 2008. Our taxes and our kids' taxes and our grandkids taxes are going to be paying for the HUGE FRIGGIN BAILOUTS that were swept under the carpet. I mean, people in this nation were told that there was some 700 billions of dollars of TARP monies that went to bail out the banks, the auto industry etc.
But once the Bernie Sanders insisted upon audit of the Fed came about, some of us realized that the people at the top, who pull the puppet strings that are attached to about 98% of our elected officials, those people offered up the Big Financial Players across the globe some 15 to 16 trillions of dollars!!
And the result of this all is is a very sad truth or two:
One) The Big Banking crowd now makes some 49 cents out of every single dollar of profit generated inside this nation. Thirty five years go, the banks and finance people got only eight cents out of every dollar of profit generated.
Two) the middle class is in decline. The austerity program demanded by the IMF and the Global Elite Cadre of Bankers is coming for the middle class. Future generations will look back on the mid years of the Twentieth Century as a time of a Golden Age,. There is simply no way that the middle class prosperity that was generated by having decent honest and non-banking controlled legislators in office will occur again. The dice are loaded and the fix is in.
But you keep peddling your mis-information. it must somehow make you feel good.
WillyT
(72,631 posts)ZOB
(151 posts)We are ultimately responsible for our government.
bvar22
(39,909 posts)...that represent the same narrow financial interests,
but vary slightly only on Social Issues that don't cost The RICH anything.
[font color=firebrick][center]"There are forces within the Democratic Party who want us to sound like kinder, gentler Republicans.
I want a party that will STAND UP for Working Americans."
---Paul Wellstone [/font][/center]
[center][/font]
[font size=1]photo by bvar22
Shortly before Sen Wellstone was killed[/center][/font]