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Obama Caving in to Wall Street Again
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The title is misleading.
Obama doesn’t “cave in” to Wall Street.
That would falsely suggest some degree of prior resistance and/or reluctance.
Obama belongs to Wall Street.
They put him in Office.
They have successfully divided us over the last 50 years, through race and color, politics etc. And now there goal is to divide us with Latin Americans!? WTF are we doing to ourselves people!? STOP this madness before god loses faith in all men! Stop hating everyone, stop being so fucking divided. That’s RIGHT where they want us. When its one big ass loop of all the same. The same people have had control of this country for atleast the last 70 years. JFK was gonna stop it, so… he is dead.
We have to STOP separating ourselves with stupid Democrat and Republican labels! ENOUGH! Make it ILLEGAL to run as a party… RUN AS YOUR FUCKING SELF YOU DUMB POLITICIANS! You can’t sum America up by 1 label, either Conservative or Liberal… Dur dee fucking dur dur! We are so STUPID. We create this enviroment OURSELVES to allow them to do this to us. STOP voting for someone because they are either Liberal or Conservative, and START voting for people that represent YOU! Not your party.
O was Big Finances top recipient in 08 to the tune of $40 million. Might explain
why 9 months later there has been virtually nothing done to reign in Wall St’s excesses.
chris dodd is part of wall street lol remember whenhe wastelling us alldis bankswere stable and now u hes changed all of a sudden. lol
Yeah that was true when business did not have turn overs bigger than some first world countries GDPs. Or when a company was no so big they could cross subsidise a single operation until all the competition is dead.
If you think all monopolies are government made try and launch your own games console and see how far you get>
Your economic analysis went out of date just before WW2.
I have said that to so many American nuts who think their education is down to earth but they can’t see it sits on a huge wide topped mountain of McCaytian coldwar fear and nonsense that is made too look like sea level with fake reasons for Americas <1970 relative prosperity.
I had one yank attempt to call me a fool in another thread because I disagreed that socialism meant “the government telling you what to do”
Anyway enough amusement for today.
Try to act intelligent.
And don’t hurt your head with all these seemingly discursive questions.
Bon appetit, mon enfant.
PS: if it is any consolation, cenk appears to be at least as ignorant as you.
Poor Nixon, like Obama, he was completely and utterly ignorant of economics beyond his ideology.
Of course I am not saying that–the curiales have nothing to do with monopolies and competition. It was a change of subject, dear boy. Did you think I was going to fall for your bait.
But again you show your ignorance.
And the first known state price controls were?
Fourth Century AD?
Are you saying that’s the last time a monopoly formed in a free market or we haven’t had a free market since then? We are trying to prevent, with big government programs, something that hasn’t happened in over 1,600 years? You have to do better than that.
But I knew you were trying to bait me.
What’s in for me to tell you?
To win a debate on youtube?
You are playing schoolyard games and you are way over your head.
Know anything about the curiales in the Fourth Century AD.
Very pertinent to the present context as the states and municipalities go bankrupt.
Actually I was trying to bait you. My point was for you to then tell me what monopoly did happen without government intervention. Now since you avopid the answer, I then must be right.
Yes, I know you can’t.
But it does not occur to you that it is the narrowness of your panorama and the ideological blinders you wear that explains it, not that if you don’t recall it, it does not exist.
It’s a pity–you don’t seem naturally dumb or I would not bother to reply to you, however stupid some of your remarks.
I can’t recall any instance where a monopoly happened without government intervention. So I guess I am ignorant.
The Austrians are not reliable–very Tedescan in what they pretended to know, but most of it was strictly modern.
Marx had a similar failing, for all the usefulness of his analysis of “Capitalism”, which was in some sense both his invention and discovery.
That is one of the reasons he was completely at sea in regard to Japan.
No, what you say about monopoly and competition is complete garbage.
You are completely ignorant of economic history.
You also have no idea how to define “state”, which is modern coinage.
“Capitalism” is one of your holy invocations, mickeysears.
You are an idealist at bottom.
There can be no such monopoly without government intervention. Without governmental police powers of the state, there will always be a competitor, however small that competition might be. Strange that you seem to believe that you can’t have absolute free markets or absolute Socialism but suck down the idea of absolute monopoly. The only entity that can create a monopoly is the government.
An eminently buyable state is a very profitable acquisition to Finance Capitalists on the way to monopoly.
Capitalists do buy anything that’s buyable. But at a price that makes the buy profitable. Or at least that’s the goal. When you take the risk of loss away or try and artificially inflate the price through government monetary policy, you no longer have capitalism. Sorry but all you definitions of capitalism just don’t work in todays environment. It can’t exist. You can’t blame capitalism for the problems we see today.
No, USD is no longer the world reserve currency.
That shows the real limits of your understanding.
I can even predict the “facts” you would bring forth to argue that it is.
But they are irrelevant.
You are thinking just like Greenspan.
Capitalists always buy any state that is buyable,
Why wouldn’t they?
Englightened self-interest? HAHAHAHA.
That is one of the central flaws in all your “free market idealism”.
And also the flaw in every Austrian.
I don’t grasp the collapse of the dollar? I’m in Yen and Euro positions against the dollar. Wish I was in The Pound. Too late. The US is still the world reserve currency, although I don’t know for how much longer. And it is why China doesn’t own Wall Street but is in a bad position right now as The Dollar still drops.
But that is not “Socialism”–that is Finance Capitalism.
And there is no such thing as a “free market” or as a completely controlled economy.
It is a false duality.