« prev   random   next »

3
0

When who rules America was made absolutely clear

By MisterLefty following x   2018 Aug 9, 3:43am 736 views   13 comments   watch   sfw   quote     share    


Unlike 9/11, which prompted an orgy of recriminations and investigations, the Great Recession never yielded a reckoning that might have helped restore that faith. The Wall Street bandits escaped punishment, as did most of the banking houses where they thrived. Everyone else was stuck with the bill. Millennials, crippled by debt and bereft of Horatio Alger paths out of it, mock the traditional American tenet that each generation will be better off than the one before. At the other end of the actuarial spectrum, boomers have little confidence that they can scrape together the wherewithal needed to negotiate old age. The American workers in the middle have seen their wages remain stagnant as necessities like health care become unaffordable.

http://nymag.com/daily/intelligencer/2018/08/frank-rich-2008-financial-crisis-end-of-american-dream.html

1   TwoScoopsOfSpaceForce   ignore (4)   2018 Aug 9, 3:50am   ↑ like (5)   ↓ dislike (0)   quote   flag        

Historians will be aghast that Obama, whose victory was as much due to being pissed off at banks as anything else, did nothing.

And no, it doesn't depend on having the Senate or House. The DOJ is directly under the President and Congress cannot stop investigations and prosecutions.
2   Patrick   ignore (1)   2018 Aug 9, 7:34am   ↑ like (5)   ↓ dislike (0)   quote   flag        

MisterLefty says
The American workers in the middle have seen their wages remain stagnant as necessities like health care become unaffordable.


And right there you have the reason for the election of Donald Trump.

People are suffering, and the left is falsely calling them racist and demanding that they die. (Looking at you, NY Times)
3   CBOEtrader   ignore (2)   2018 Aug 9, 7:56am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Patrick says
MisterLefty says
The American workers in the middle have seen their wages remain stagnant as necessities like health care become unaffordable.


And right there you have the reason for the election of Donald Trump.


They also used the increased HC costs, essentially a "benefit" at work for 60% of under 65 people, as evidence that worker compensation was going up. In actuality their income hadn't risen at all e inflation, and all increases in compensation went to cover less complete medical insurnace.
4   mell   ignore (2)   2018 Aug 9, 8:32am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Absolutely. Obummercare was a total fraud. Never have I seen employers trying to change plans so often to escape rocketing costs and never have I seen out of pocket deductibles rise so quickly in such a short amount of time.
5   Tenpoundbass   ignore (11)   2018 Aug 9, 8:35am   ↑ like (1)   ↓ dislike (0)   quote   flag        

mell says
Absolutely. Obummercare was a total fraud. Never have I seen employers trying to change plans so often to escape rocketing costs amd never have I seen out of pocket deductibles rise so quickly in such a short amount of time.


If everyone would have just listened to me in 2012 and 2013 I told them what was going to happen. But the Patlibs worked overtime and loud as fuck to shut me up and shut me down on spreading the word. It cleaned me out!
6   HEYYOU   ignore (21)   2018 Aug 9, 9:00am   ↑ like (0)   ↓ dislike (0)   quote   flag        

TwoScoopsOfWompWomp says
The DOJ is directly under the President and Congress cannot stop investigations and prosecutions.


Will Trump open investigations? If the Statue of limitations has not run out on any crime,what has Trump done
about bank crime for two years? Republicans=nothing!

Why has Trump/Rep/Cons not totally eliminated the ACA?
How many Republicans are on the ACA?
Nothing again but talk.
7   Heraclitusstudent   ignore (2)   2018 Aug 9, 9:36am   ↑ like (0)   ↓ dislike (0)   quote   flag        

TwoScoopsOfWompWomp says
Historians will be aghast that Obama, whose victory was as much due to being pissed off at banks as anything else, did nothing.


Even more aghast at the fact that GWB let liars loans and other frauds happen for as long as he did. He had several agencies specialized in monitoring loans quality and integrity of the financial system.
8   MisterLefty   ignore (0)   2018 Aug 9, 2:35pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

But at least our first retahted president, W. Bush, prosecuted and jailed banksters. Obama took a page from Stepin Fetchit's playbook and sold out the country for the cash.
9   MrMagic   ignore (11)   2018 Aug 9, 3:15pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Heraclitusstudent says
Even more aghast at the fact that GWB let liars loans and other frauds happen for as long as he did. He had several agencies specialized in monitoring loans quality and integrity of the financial system.


Specially those last two years of GWB term, when he and his Repub congress just sat on their hands and didn't go after any of the wrongdoing, right?

Oh, wait.... There was a Dem controlled congress his last two years and then the first two years of Obama... how did that work out for prosecutions?


TwoScoopsOfWompWomp says
Historians will be aghast that Obama, whose victory was as much due to being pissed off at banks as anything else, did nothing.



Yep, those historical pesky facts again.
10   marcus   ignore (4)   2018 Aug 9, 5:06pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

MisterLefty says
The American workers in the middle have seen their wages remain stagnant as necessities like health care become unaffordable.


We aint seen nothin yet compared to where real wage growth will be after the next inflation wave, if Trump succeeds in his effort to make it happen.

You guys need to start thinking now about how you're going to blame it on the libruls.

Good piece. An excerpt:


The moral abdication of would-be liberal reformers, who failed to police such powerful economic actors, only added to the national disgust with elites. It’s that vacuum that created the opening for a master con man. Once in the White House, of course, Trump conducted the biggest spree of grand larceny ever carried out by the wealthiest sliver of the country in the name of “tax reform.” Everyone knows he is doing it except those among his base who dismiss all unwanted news as “fake news.” But it’s a measure of how much the country is broken that we just shrug with resignation when the wealthy Democratic Goldman Sachs alum Gary Cohn joins this administration to secure an obscene tax cut, then exits without apology to enjoy his further enrichment at the expense of the safety net for the country’s most vulnerable citizens.

Trump’s nationalistic right-wing populism, which scapegoats immigrants and minorities to deflect rage from Cohn and his fellow profiteers, is nothing new. As Churchwell tracks in Behold, America, the original America First movement of the 1920s and ’30s grew in tandem with the widening economic discrepancies of the time. She reminds us that the plutocratic villain of The Great Gatsby, Tom Buchanan, is a white supremacist prone to observations like “if we don’t look out the white race will be … utterly submerged” and “It’s up to us who are the dominant race to watch out or these other races will have control of things.” Up against such powerful one-percenters, the vision of limitless human potential implicit in Jay Gatsby’s innocent American Dream didn’t stand a chance. As Churchwell writes, “Between 1923 and 1929, 93 percent of the country experienced a drop in per capita income,” even as a rise in monopolies and mergers left “only two hundred large corporations in control of over half of American industry” and one percent of the population owning 40 percent of America’s wealth.

That hastening concentration of American economic power wasn’t fully understood by most Americans then, and neither was Gatsby, which was published to disappointing sales and reviews in 1925. It’s almost too exquisite an irony that just two years later, the budding real-estate developer Fred Trump would be arrested at a Ku Klux Klan riot in Queens, not far from Tom Buchanan’s home in Fitzgerald’s fictional Long Island enclave of East Egg. The rest is history inexorably leading America to this dark place where, nearly a century later, the green light at the end of Daisy’s dock is so distant it just may be in China.
11   MrMagic   ignore (11)   2018 Aug 9, 6:05pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

marcus says
Good piece. An excerpt:


What's the problem, you don't want to provide the link to that Trump TDS hit piece? Which one of your favorite TDS sources, Slate, Salon, ThinkProgress, Daily Koz, did it come from?
12   APOCALYPSEFUCKisShostikovitch   ignore (35)   2018 Aug 9, 6:48pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

The banks FACE! FUCKED! AMERICA! and Obama licked the barph off the bankers' dicks!
13   APHAman   ignore (8)   2018 Aug 10, 5:42am   ↑ like (0)   ↓ dislike (0)   quote   flag        

MrMagic says
marcus says
Good piece. An excerpt:


What's the problem, you don't want to provide the link to that Trump TDS hit piece? Which one of your favorite TDS sources, Slate, Salon, ThinkProgress, Daily Koz, did it come from?


Can’t refute the message so attacking the messenger instead i see. Very telling




The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available


about   best comments   contact   one year ago   suggestions