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Posted by: gamahuche 1 year, 2 months ago
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gamahuche1 year, 2 months ago
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Hard to know whether Karl Marx is spinning in his grave but the paradox of the socialisation of America is going to be very, very shocking for those on the right, who have either suffered from mass-hypnosis, or are in blind denial of the long-term significance of what has been happening.
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Back-door socialism, a creeping coup? How else can they describe it?
Common sense is being thrust upon them - but above all, these social changes are going to be far wider and longer reaching than which party has the misfortune to win this election and carry the can..-
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memestryker1 year, 2 months ago
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The U.S. has always had an endlessly evolving mix of policies based on perceived needs as they arise. Those in positions of power do try to allow markets to operate naturally as much as seems feasible. This type of intervention has occurred before, though, and this time it was done before the market self-corrected instead of following a complete crash.
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An estimated 25% of people in cities were homeless in the Great Depression, and there is a sense that the government should seek to prevent that for a variety of reasons. We saw a lot of temporary socialist programs following the Great Depression, too. -
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amervtrn1 year, 2 months ago
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Government intervention may lengthen the cycle but it can not stop the boom to bust. I originally posted this before ( about three weeks ago )the Scam Bailout, since then things have accelerated, but that only lengthens the recovery time. In about a year and a half, when the real estate market is at 50 percent, and DOW has stabilized at between 7800-8000, NASDAQ 900-950, S 700-750, it will be the bottom. Then it will be safe to go back. Until then it is a Day trader's market. Gambler's paradise. The bailout is just a waste of resources. In fact it will compound the problem. Much like the physicians of old who would bleed the patient, to give the appearance of action. The Scam Bailout is an action to give the appearance of care and concern, but will in truth deplete needed resources for healing and extend the time required for recovery. We are looking at a very rough 3 to 6 years, according to who is president and how much more Socialistic debt is added.
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amervtrn1 year, 2 months ago
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The USA's enemies are drooling at the thought of Obama. They love the naive inexperience weak amateur. Where there have been young leaders in the past, they had over a decade of (real)experience, yet we paid a price for it.
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This artificial market making is a continuation of the building a house of cards. Where as the original problem was a house of cards built on worthless derivative contracts( reminiscent of the South Seas Bubble) now we are furthering this fraud by printing money( at a rate even Germany 1920-23 would not believe )with no backing. The Great Scam Bailout will come back to bite us in the "Keaster" first in the tax of slavery for generations to come, loss of resources to recover when the Scam fails, rape of the Constitution, and as has already happened the rape of the USA Citizen's rights of representation. Socialism/Communism is not acceptable to the USA. Nikita Khrushchev's speech before the U.N.,"America will fall without a shot being fired. It will fall from within." It seems his words have come through with ringing clarity.
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