What is so wrong with capitalism?

[mnaz]

I thought we won! I thought it was over.

Oh wait. We got a bit hasty and greedy, maybe.

Probably. Yeah, we tend to get like that.

[e_dog]

ain't nuthin wrong wit ca;pitalism. just the stupid dems don't give a shit and they folla the repubs. tax cuts for the wealthy, great friggin idea in a recession.

i had to censor myselkf.

Obama is a vaudeville pony. Hillary a circus clown. Dennis Kucinish for secretary of the the Agricola.

Huckstabee staff of fiery Christian anga.

[e_dog]

Suck my Word!

[mnaz]

But the You Ess of Ayy is a capitalist state, no? Even under Carter it was still a capitalist state. Then Reagan stared down the Commies and urged them to be more like us (careful what U wish for), and they crumbled (under their own corrupt weight), and now the whole world is tending capitalista!! The possibilities for much more widespread and efficient planet rape are endless!! No more of this 6% of the world's population and a quarter of its consumption for Amerika!! Others will want a bigger slice O' the pie!! Pretty soon our leaders will start lying to us so's they can start wars on th3rd world oil fields to lock up resources for the machiiine. O wait... that already started. Long live the night of the living dead con-sooomers! Bush's solution to nine-eleven?.... go shopping, loooot the treasury and inVAde Saddam & Go-more-a... throw a little SHOCK N AWE attem, courtezzy O' Exxxxon and the Dark Lord's cronies at Helly-button. Maybe that's the prob... the Cor-por-o cracey's prophets O' PROFIT. Profit is God!! EXXXXON is God!!...... hmm... Yeah, I think that's it.

But even under the lib-ruls, US was still capitaliste. It's just capitaliste on righteous steroids now... Vive' le megalo-CEOs!! Save us from the truth!!

Or something like that......... 'Scuse me. I gotta go buy some stuff.....

[stilltrucking]

I am tired of this shit, I am moving someplace pure. Maybe China, India, someplace, maybe France.

I really worried about the Dow Jones, I was getting ready to jump in the market because I see so many bargains, but the ghost of JP MOrgan or maybe it was Scrooge came to me last night and told me to be carefull.
"Don't try to catch a falling knife."

The Crisis of the Old Order, 1919-1933, volume one of Pulitzer Prize-winning historian and biographer Arthur M. Schlesinger, Jr.’s Age of Roosevelt series, is the first of three books that interpret the political, economic, social, and intellectual history of the early twentieth century in terms of Franklin D. Roosevelt, the spokesman and symbol of the period. Portraying the United States from the Great War to the Great Depression, The Crisis of the Old Order covers the Jazz Age and the rise and fall of the cult of business. For a season, prosperity seemed permanent, but the illusion came to an end when Wall Street crashed in October 1929. Public trust in the wisdom of business leadership crashed too. With a dramatist’s eye for vivid detail and a scholar’s respect for accuracy, Schlesinger brings to life the era that gave rise to FDR and his New Deal and changed the public face of the United States forever.

Buy some eggs, milk and a loaf a bread, take a wheel barrell of money, these are the good old days again.

shitz
My conscience dos not bother me
you are what you are
and we aint what we aint
tell me again abou thte good old days

[mnaz]

I am tired of this shit, I am moving someplace pure. Maybe China...

Pure? I heard on the radio that if China were to suddenly cease putting all those megatons of crap into the air (released in the manufacture of all that cheap, defective crap that they make for the rest of the consooomer-mad capitaliste revolution), then the planet would really get sizzling hot scorching... God bless the industrial revolution!!

I really worried about the Dow Jones, I was getting ready to jump in the market because I see so many bargains, but the ghost of JP MOrgan or maybe it was Scrooge came to me last night and told me to be carefull.
"Don't try to catch a falling knife."

Sounds like pretty solid advice to me.

[e_dog]

Don't be a wimp.

Buy low sell high.

Sell when yer high then you'll forget you'd selld.

Smoked seeweed.

Huckabee for presidence.

[stilltrucking]

I listened to guy on the CB radio one night. He was fed up with the pollution and traffic in Sacremento. He said he was going to move to Phoenix.

God bless the industrial revolution, god bless eve, god bless adam, god bless my thumbs, god bless humanity.


Let us all hail Lennon & Marx.



everything is on time on track



"What is good for General Bullmoose is good for everybody"


"What is good for the country is good for General Motors, and what's good for General Motors is good for the country."
Al Capp

let them eat cake.

[jimboloco]

got this on my daily vets fr peace news from a 70 year old fellow who is saying phuk et and moving to Thailand this year,

The economic disaster that is military keynesianism
Why the US has really gone broke
Global confidence in the US economy has reached zero, as was proved by last month’s stock market meltdown. But there is an enormous anomaly in the US economy above and beyond the subprime mortgage crisis, the housing bubble and the prospect of recession: 60 years of misallocation of resources, and borrowings, to the establishment and maintenance of a military-industrial complex as the basis of the nation’s economic lifeBy Chalmers Johnson .......................................................

http://mondediplo.com/2008/02/05military

so i ain't so sure it is capitalism per se, that is the problem, but our brand, and kensyian economics ain't all so bad, if applied correctly and constructively.

There are three broad aspects to the US debt crisis. First, in the current fiscal year (2008) we are spending insane amounts of money on “defence” projects that bear no relation to the national security of the US. We are also keeping the income tax burdens on the richest segment of the population at strikingly low levels.

Second, we continue to believe that we can compensate for the accelerating erosion of our base and our loss of jobs to foreign countries through massive military expenditures — “military Keynesianism” (which I discuss in detail in my book Nemesis: The Last Days of the American Republic). By that, I mean the mistaken belief that public policies focused on frequent wars, huge expenditures on weapons and munitions, and large standing armies can indefinitely sustain a wealthy capitalist economy. The opposite is actually true.

Third, in our devotion to militarism (despite our limited resources), we are failing to invest in our social infrastructure and other requirements for the long-term health of the US. These are what economists call opportunity costs, things not done because we spent our money on something else. Our public education system has deteriorated alarmingly. We have failed to provide health care to all our citizens and neglected our responsibilities as the world’s number one polluter. Most important, we have lost our competitiveness as a manufacturer for civilian needs, an infinitely more efficient use of scarce resources than arms manufacturing.

The top spenders
The world’s top 10 military spenders and the approximate amounts each currently budgets for its military establishment are:

Rank Country Military budget
1. United States (FY 2008 budget) $623bn
2. China (2004) $65bn
3. Russia $50bn
4. France (2005) $45bn
5. United Kingdom $42.8bn
6. Japan (2007) $41.75bn
7. Germany (2003) $35.1bn
8. Italy (2003) $28.2bn
9. South Korea (2003) $21.1bn
10. India (2005 est.) $19bn
World total military expenditures (2004 est) $1,100bn
World total (minus the US) $500bn

same source

[mnaz]

Aye... The U.S. spends more than the rest of world combined on the military. Holy sheep dip. Good info, jimbo, even if the numbers are hard to look at. I suspect this built-up "military Keynesianism" is indeed a major source of US economic trouble/instability, if not the only contributor.

[jimboloco]

oh yeah can't wait to see what happens with exxon and citgo
these are real gas wars
would be dissappointed tho
i always buy venezuelan
like
socialist gas

[e_dog]

Brian O’Neill: “Punitive damages are not only for deterrence. They’re also for punishment. And these guys have not been punished one bit. Even today, they think that they’ve done nothing wrong. So, punishment is needed. And if you hurt 32,000 people, you hurt the livelihoods of 32,000 people, you rip apart the economy of South-Central Alaska, then you ought to be punished severely. Hopefully, they will be punished."

Exxon has already paid more than $3 billion in penalties, but the $2.5 billion would go towards residents’ long-term damage. Earlier this month, Exxon reported a quarterly profit of $11.7 billion—the highest ever for an American company.

PUNISH THEM!

[mnaz]

Indeed. The numbers are unacceptable.

[e_dog]

Bush says we're not in a recession, but an economic "slow-down."

It's not winter. It's a "cool-down."

Wm. Eff Buckley ain't dead, he's in a "talk-down."

Global climat chang isnt real. it's just a "greendown."

GEORGE W. BUSH's fav. band?


SYSTEM OF A FROWN.

[Totenkopf]

American finance-cap works out in weirder and more sinister ways than most poeticals realize. It's old Rothchild's gold, now placed in CBS and Viacom and other media monsters, along with some good ol boy petrol-bucks. It's market manipulation among execs and Forbes 400 barons, who with the right phone call cause stocks and futures to soar. It's Google, MSN, Jerry Yang-hoo--all waiting for the right deal to sail off into the sunset, or jump out of the 13th floor.