Re: Bailout puts the class war back in business with a vengeance; gamblers take advantage of speculating investment banks merged with commercial savings and deposits banks & the consequences of the defeat of the Glass-Steagall act.
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Re: Bailout puts the class war back in business with a vengeance; gamblers take advantage of speculating investment banks merged with commercial savings and deposits banks & the consequences of the defeat of the Glass-Steagall act.         

Group: alt.philosophy · Group Profile
Author: ZerkonX
Date: Sep 18, 2008 07:10

On Wed, 17 Sep 2008 21:51:05 -0700, Immortalist wrote:
> The warning
> was not heeded or taken seriously as the complaints rang out when these
> revisions were voted on.

THE fault and there is 'fault' here is in the power class. This may not
have been as stark as NAFTA but the opposition to this and others like it
since at least Reagan's time was strong but dismissed almost out of hand.
As if they were, like NAFTA, a forgone certainly on the part of the
Federal Ruling System, voters be damned.

This reached a the giddy state in 2006..

READ THIS written in NYT, April 2006:

The Economics of Henry Ford May Be Passé
http://tinyurl.com/6ewsby

The middle class becomes a economic non-necessity HOWEVER when the Tip
Tops of the economic run into completely foreseen trouble (see: R. Paul,
R. Nader, M. Gravel.. others) this middle class and anyone else using the
dollar must bail these asshole out. All 'FIRST TIER' Presidential
candidates are nothing but pitchmen for this system.

A 'real' right and a 'real' left have been completely obliterated from
political debate for more than two decades now. Neither would have let
this stuff happen maybe not for the same reasons but to same end.

The press? What press. It is an ad space.
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