THE ULTIMATE INSULT
Today is a sad day.
Ronald Reagan is rolling over in his grave.
PRAVDA... of all papers... has announced it - The End of Capitalism.
American Capitalism
- gone without a whimper
It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.
True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.
Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.
First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.
The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.
There's more if you care to read it...
- Centinel's blog
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Comments :
The ultimate joke, maybe
I love some of the other headlines I got at the top of the page when I clicked through to that pillar of modern journalism, Pravda:
Vegetarianism proves to be perversion of nature
Atlantis found under Antarctica
People communicate with ghosts during sleep
I wonder what the National Enquirer has to say about American politics, because I'm sure it would be as equally insightful as this Pravda piece! LOL
We are the environment. There is no distinction. What we do to the earth we do to ourselves. —David Suzuki
Channeling Fry
So that's why you said you had to meet that ghost!
I never broke the law; I am the law! --
George W. BushJudge DreddI'm listening to...
I don't know, it does make me feel a little better I guess....
PRAVDA is the voice of the communist party in russia, right?
It just sucks we have gone down this path.
Great Spirits Have Always Encountered Violent Opposition From Mediocre Minds...~ A. Einstein
Let's play spot
the grammatical errors, flawed syntax and juvenile clichés in
Other than that, yes, this is a very serious and insightful piece about how we are no longer capitalists. It sucks that Obama nationalized my condo and ordered me to a collective farm last week. And I`m already sick of waiting three hours for toilet paper. At least the Government can compensate for the drop in productivity by expropriating church property.
But boy, those fifty years of Big Macs sure were sweet.
All fun aside...
...and thanks for pointing out a few of the liberties we once took for granted and that have survived the first 4 months of the reign of Barack.
But...
Socialists are famous for nationalizing their biggest corporations. The US government has taken over two of its three biggest corporations within two weeks, haven already intermingled public and private liquidity in the banking and investment sectors and outright taking over fannie and freddie, by far the biggest lenders in the world.
The left suspected the US takeovers aimed to rescue rich shareholders. Not so. The government acquired 79.9% of the shares of fannie and freddie at virtually zero cost, pushing down the share price close to zero. So, rich shareholders have been wiped out, and the bosses of major corporations have been sacked and their companies put into government orchestrated bankruptcy.
The usual procedure in a capitalist welfare state is to let mismanaged companies go bust, and then provide safety nets to those adversely affected.Here we have literally nationalized the sectors!
Between 1970 and 2006, the number of pages in the Federal Register (which lists all regulations) shot up from 20,036 to 78,000. The number of regulators in the service of the federal government rose from 90,000 to 241,000. In the first six years of the George W Bush era (2000-2006), the number of pages of regulations increased by over 10,000, and regulators by over 65,000.
Yet the left claim it is capitalism and the lack of oversight that caused this crisis, when in reality it was the social engineering efforts and regulation that did that deed. Still the left calls for even more regulation, more bureaucracy, and even more government in a steady march towards socialized America, to what extent it will go remains to be seen, but considering the lightening quick speed it got to this point, get yourself a big mac before they demonize that and decide they should be made of tofu.
Great Spirits Have Always Encountered Violent Opposition From Mediocre Minds...~ A. Einstein
Get a grip on yourself
Seriously. America will survive. It is not the end of the world.
FDR was in office for 4 terms America survived.
This exact same battle has been going on for centuries.
The rich vs the poor, local control vs a larger more central control.
The cycles are the stories of history.
I'm only half stupid
Oh I have a grip
...and I know eventually everyone will see how ignorant this all is
, I just want it to happen sooner than later before Obama digs us in even deeper.
Great Spirits Have Always Encountered Violent Opposition From Mediocre Minds...~ A. Einstein
This does not follow
"Social engineering" and regulation caused the banking crisis? That's, to put it as diplomatically as I can, retarded. Is it not telling that the best rightwing talking heads could do was to blame a Carter-era law that prohibited discrimination by mortgage lenders without imposing any financial criteria?
Oh, and the Republican Bush aministration was so brain-dead incompetent that they actually increased the quantity of regulations while gutting oversight? I suppose "government is the problem" becomes tautological when you win elections and can't govern. People need to stop voting Republican; it's not working out.
We liberals take the reins of government inasmuch as we believe we can make it work for the people. We have no incentive to see it fail. Nor to overreach, because if we do that it strengthens the libertarian argument.
PC Police: Concerned Citizen's Awareness Sanction!
Have you learned nothing from the total disregard for the feelings of Special Olympians displayed by the heartless Barack Obama? You are no longer allowed to use the "R-word".
Why are you such an insensitive hate monger? *
--------------------------------------------
* This admonishment brought to you as a public service by a concerned citizen, unless of course you were actually using the dictionary definition of the word in which case please ignore this comment. :)
Meta: This post is meant to be a light-hearted joke which makes a serious point.
I'm the Bugs Bunny of Swords Crossed!
-4 Strongly Disagree - 0 Meh - Strongly Agree +4I can't help it
I like the sound of the word too much. It's only OK because I don't think Centinel himself is retarted, only his arguments occasionally.
Garn-St. Germain Depository Institutions Act
The full name of the act is
The Garn-St. Germain Depository Institutions Act of 1982 is an Act of Congress
, that deregulated 
the Savings and Loan 
industry. This Act turned out to be one of many contributing factors that led to the Savings and Loan crisis 
of the late 1980s.[1] 
An Act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans," was a Reagan Administration
initiative.[2] 
The first savings and loan crises was the birth of the complicated financial instruments that were used by a creative class of financial engineers to re-capitalize the broken instutions with the Credit Default Swap.
When this act was penned everyone was ready to collect that pot of gold at the end of the rainbow. Easy money.
Reagan said on signing the act, "
“This bill is the most important legislation for financial institutions in the last 50 years. It provides a long-term solution for troubled thrift institutions. ... All in all, I think we hit the jackpot.”
25 years later, we see the frosting on the cake of deregulating financial institutions, the largest economic crises in world history.
The fiscal irresponsibility was signed onto during the Reagan Era. All those bankers long surpressed after the New Deal cheered with glee, as once again user fees and debt would bankroll the accounts of a few, while slowly eroding the wages of the working class.
The Bush era was the culmination of allowing thrifts to use debt for profit, that started under Reagan.
http://www.nytimes.com/2009/06/01/opinion/01krugman.html
http://en.wikipedia.org/wiki/Garn_-_St_Germain_Depository_Institutions_Act
I'm only half stupid
Read Thomas Sowells new book
n/t
Great Spirits Have Always Encountered Violent Opposition From Mediocre Minds...~ A. Einstein
We're doomed!
Because Pravda said so!
Or something...
(Sounds like someone needs to have his diaper changed.)
If you really believe this is the "fight of our lives," how come you're not in Iraq?
But ... but ... but ...
Aren't Democrats the ones that keep harping on how world opinion about us matters? Now I'm confused. Are you now saying that world opinion about us doesn't matter anymore because Obama is in office and not Bush?
Meta: This post is a serious comment.
I'm the Bugs Bunny of Swords Crossed!
-4 Strongly Disagree - 0 Meh - Strongly Agree +4World opinion?
On whether or not we are capitalists?
Or on whether or not we torture people?
I don't know, do you think Pravda's triumphalist tone is self-serving (and after-the-fact, given the collapse of the Soviet empire)?
World opinion on whether or not we choose to flout laws and treaties by which we had agreed to abide is a tad more critical than whether or not the dinosaur state paper of what is, essentially, a failed state in terms of economic policy questions the continued viability of our capitalist structure.
But I know... in the black-and-white, simple-minded view of "fair-and-balanced" you, all issues carry equal weight.
If you really believe this is the "fight of our lives," how come you're not in Iraq?
Stop moving the goal posts ...
Nobody was talking about flouting laws or treaties here until just now. Please don't try and change the subject now that you have been proven wrong.
You're such a projectionist!
Meta: This post is a serious comment.
I'm the Bugs Bunny of Swords Crossed!
-4 Strongly Disagree - 0 Meh - Strongly Agree +4