Which is why bankers made such loans in the first place... they didn't have to live with the consequences of such financially stupid actions. And the Government... (1) made it possible, and (2) MADE IT MANDATORY in many cases. Bankers merely took advantage of the laws and flawed Liberal policies. You wanna bitch? Look to Congress.
I think we should hyper-inflate. It beats staying in the doldrums for decades, we need hyperinflation, riots, political upheavels and potentially executions to "shock" the system.
The boy who gets a free school lunch has no right to give part of it away to a friend! He is supposed to throw away what he doesn't eat? So if a person buys his food using food stamps, he is not at liberty to share his food at a potluck picnic? If anyone eats his food, it is stealing from the government?
Hey Covertibility, Did you forget Nationalist intentionnaly, before corporate ? (sorry for the idiot before^^)
Correct. Capitalism is dead in America. What we have now is Fascist Corporatism. Fascism's theory of economic corporatism involved the management of sectors of the economy via government or privately controlled organizations (corporations). Each trade union or employer corporation would, in theory, represent its professional concerns, especially through negotiation of labor contracts and the like. This approach, it was theorized, could result in harmony amongst social classes. Authors have noted, however, that de facto economic corporatism was used in specific instances of silencing opposition and rewarding political loyalty. http://en.wikipedia.org/wiki/Corporatism
Doubt the bit about "harmony amongst social classes". The "haves" will eventually rebel in one form or another... leaving the "proletariat to suck on an empty tit". (The productive will tolerate cornholing by the government and "redistribution" policies only up to a point, you know.)
Not only Capitalism... For me the judgment of America was so easy do to : "The premise was : "If you arenât allowed to put what you want into your own body then you are a slave." > In Alabama you can NOT put WHAT YOU WANT in your body > the prefect conclusion : in Alabama you are a slave. " From this, it's almost possible to answer all the polarizing debates that shadows the real issues around ( for those a little bit slow : remplace the "what you want" by : Dick in your ass, baby in your stomach, vaccines in your harm, chemical in your stomach and co and co... And so What you DON'T WANT ).