Economic Meltdown & Financial Tsunami ♦ Top Ten News Stories Of The Decade ♦ #7

[lookoutforyoursoul]

america is running entirely on credit right now !

[xadam2dudex]

the US is the richest in fake value.. the US doesn't make any value added products.. most of it's wealth is artificial and is only entries on ledger books..the largest segment of the US economy is debt creation followed by oil/energy followed by weapons speculation on imaginary financial instruments..when the wealthy begin to divest themselves of dollars due to the devaluation of the dollar u will know the next collapse is almost here

[APB187]

OUCH! Was that just the truth that slaped me in the face????

[mopsius]

In a world of hostile, highly industrialized Capitalist Imperialist warfare states, self-defense requires industrialization.

Russia and China under Communism industrialized in half a century respectively, and without the mass murder of hundreds of millions that "capitalism" perpetrated over the globe.

[mopsius]

Social Welfare is not socialism, and Europe, however cunningly are concealed the real motives under supposed "humanitarian" intentions or "democracy", as part of NATO and on its own--as in Afghanistan or Yugoslavia--continues to play the Capitalist Imperialist game in areas that are none of its business.

[xadam2dudex]

u better rethink that.. under Stalin millions were killed ..under Moa 20,000,000 stared thru his policies..true the corrupt capitalist have murdered millions as well.. but don't whitewash the truth

[mopsius]

There is no such thing as a synthesis of Capitalism and Socialism. The mixture is just another version of Capitalism with a slightly softer face.

That is where the European non-capitalist classes made their mistake, in the mode of Bernstein.

Those who have lived under both Capitalism and Communism, as now in Germany, are increasingly gravitating back to Communism.

[mopsius]

Mathematics uses the "meta" precisely to describe a language used to model another language.

The "meta" in metapolitics is very precise, though it is is not limited to the mathematical definition.

It is an advanced method of political action in the process of unfolding here and elsewhere.

[mopsius]

十目他, 十手他.

[mopsius]

There we go, Fleetwood--another specimen for the glass case, and a new logical fallacy identieeid for the first time in recorded history.

Not a bad day's work metapolitically.

Just drop the check in the mail.

[malleableconcrete]

"Too big to fail", sort of bullshit thinking that allowed this state-funded pseudo-capitalism to get off the ground. Considering that there was (and is) too much "protecting the industries interests" to allow proper risk in the system to stop flaccid giants like GM from becoming more efficient, coupled with lack of bank regulation due to "boom blindness" this whole sordid affair will hopefully help us see the dangers of economic growth gone rampant. Booms always lead to busts, control is the key

[mopsius]

Not pseudo-Capitalism at all, mon enfant--Finance Capitaliism in its last and final stage.

Confucius say: So solly, no status quo ante.

[malleableconcrete]

the hell? are you following me?

Also, as I KEEP on asking you to no avail, if its a no-no to capitalism completely in your book WHAT WILL REPLACE IT?

give me a fucking answer or just get out this time please.

[mopsius]

You looking for something for free, malleableconcrete?

[malleableconcrete]

lolzerz, you can be stupidly anti-something but at the end the day you have no answers, quit hiding behind your paper walls and try to think of real arguments next time, go annoy someone else.

[mopsius]

Ah, you just invented, in effect, a new fallacy,. malleableconcrete, which mopsius hereby baptizes "the argumentum ad argumenta".

Thanks--mopsius hereby claims naming and first discovery.

Sweet dreams.

[mopsius]

N.B: malleableconcrete's "invention" of the fallacy in question is clearly unconscious and a result of indulging the fallacy, not recognizing it.

In this case, then, discovery is much more progressive than first use.

[mopsius]

One trusts you are keeping a record of these threads and the comments, Fleetwood, for the archives.

They are important contribution to the new metapolitics.

[malleableconcrete]

Hahaha, its nice to see you falling back on meta-bull instead of talking about anything relevant, as per usual, at this point i doubt you even what our original argument was about.

And yes this whole charade did reduce itself to me calling you out, since you weren't arguing anything and instead just decided to troll, safe in pseudo-philosophical vagaries as opposed to anything concrete.

BTW, no, using latin does not stand in for real points and arguments, get into the real world.

[mopsius]

Thanks again for contributing to the uncovering of the fallacy of Argumentum ad argumenta.

mopsius would define it precisely for you, and give specific examples, but you are not worth the trouble, malleableconcrete.

Certainly you know so little of philosophy or logic or history or even politics it would be a waste of breath.

Incidentally there are many "atheists" at Opus Dei picnics.

[malleableconcrete]

Fine, have fun with your unworkable system and crazy ideas until you see why almost every REAL communist system in the world either showed it could not compete with capitalism in providing a good quality of life or just collapsed entirely.

I Dare you to counter me on that one if you knew anything about anything, but you'll probably just puff up yourself and avoid the argument.

Until then I'm pretty happy to live in this rapacious capitalist system that is Europe.

[mopsius]

You are easily countered, malleableconcrete.

It will all unfold as it unfolds, won't it?

Have a nice day.

[mopsius]

All those college kids getting Federally guaranteed ARM loans to get an "education" so that they could get good jobs in the corporate US.

HAHAHAHAHA.

[RenegadeTimes]

So true E ~

[rgart7575]

I usually agree with you on most topics David but this is just insane. The economic crisis was bound to happen. Our economy has repeatedly gone through recessions and has come out stronger in the end ever time since WWII. The bubble caused by MAIN STREET was going to eventually pop and now we find it necessary to blame the higher ups in America. Blame the fat cat because he is the one with the pay check. Earnings are simple economics. Some earn more than others. GET OVER IT!

[mopsius]

Fleetwood you do really get the Capitalist cockroaches out of the woodwork.

[rgart7575]

We live in a CAPITALIST WORLD! you want to live in a controlled market? go live in a communist country

[MrSuperpunch019]

David is right, my friend.

[TheRydog100]

Too big too fail

Remindes me of something.

A Bot of some sort

Strts with a T?

Hmm.

[mopsius]

January 2002 oil = $19 per barrel

August 2008u oil = $147 per barrel

Nader predicted neither the collapse nor its mode.

Fannie and Freddie were effects not causes.

Nader is as economically as incompetent as Paul and the elite.

[snootchz]

haha, the first text is from the top 10 songs videos...

[IFloridaMotocrossI]

The things you own end up owning you.

-Fight Club

[albanaeon]

Wow. It's always amazing when we keep appointing the same group of people with the same ideas on how to fix things and we keep getting the same results. Insanity, anyone?

[omacron6]

because we aren't the ones appointing them.

at least, not any more.

[skeletonmom]

Thank you, Davis. Nader might not the the "sexy" or whatever image people are looking for candidate, but he is a good advocate of the people.

What struck me the most both times when Nader was running, was NOT what he said he would do for the people if elected. It was the information he was giving the people in America on HOW to get things done in government. He is a great storehouse of political information, and seems to understand its the people whose job it is to get things done.

[tenagliac]

Ralph Nader is brilliant, but he's also getting old. Not that there's anything wrong with that, but he needs a succession plan. Who will carry the torch after him ? But even so, there is only a certain capacity for corruption and incompetence before civilization just collapses. Somebody needs to shine a light.

Thank you.

[omacron6]

there are people who have "shined the light"

but they keep getting killed and or discredited in some way.

[mopsius]

Nader is a corporate shill.

[MrSuperpunch019]

I agree with a lot of your post, but I strongly disagree with you assessment of Nader.

[jdogg67333]

Well said.

[waynedewho]

Ralph Nader and Ron Paul...... 2 of the most ignored honest politicians in recent US history

[eeedel]

@waynedewho true i guess.. but i dont trust ron paul like i trust nader. paul's past isnt as consistent as naders as far as policy goes.

[fatpius]

@waynedewho and Mike Gravel

[MrSuperpunch019]

Ron Pauls economic and domestic policies are horrible.

[rad4life1]

sounds about right, question is, what do we do about it?

[omacron6]

the way things are now days, not really much we can do.

[montroclq]

i'm sorry to say that ralph nader is too much reality for the american people they would rather wear tea bag hats and support the same people who have been fucking them fools!!!!!!!

[jxwhit8]

yes... Ralph Nader... the prophet. Oh wait... I thought the prophet was Ron Paul. Surely the prophet is Glenn Beck.

The truth is... anybody who knows anything about currency and the Fed will tell you about the US Ponzi scheme and progressive movement that began a century ago. Welcome to slavery brothers... pickin the cotton, so that you can get that mistake in your uterus chopped up and discarded on our dime. All the while, Bernanke is Time's person of the year.

[montroclq]

guess what the rich win again how unusual

[nestorrfortuna]

sorry, cant donate. money=slavery

[blugreenblu]

well aren't you a cheeky little goose.

[womblefree]

I'm a slave with no money, hooray i'm a survivor.

Ralph Nader is the man of his time but no one sees it, thanks DF

[Plutonwolf]

This wasn't an accident or a miscalculation folks. This was a deliberate attack using naked short selling with "counterfeit" shares, ie; more shares than actually existed. The regulators just threw their hands in the air and acted as if there was nothing they could do, but, when it is their own friends and associates who profited grandly from this manipulation, why would anyone expect anything else from them?

Folks, this will destroy this country if it isn't curbed and curbed soon.

[Sir4sissors]

Haha what happened to "I stay in so you can go out?"

[marniespeaks]

watch?v=_TxA_WOySlM

[imjustagirl776]

I have a sudden urge to go watch the Mastercard video ;o) I remember the day the bail out passed. That was the day Obama fell off his pedestal for me. It was kind of like finding out Santa doesn't exist or worse.

[luckystrike1]

These videos are all very genuine, I thank you.

[chainerd]

of course the US gov bailed out AIG, and of course that money used to help with the bail out didn't exist when it was needed to help the most important part of the US... THE PEOPLE, they say that history is written by the victors, thats crap history is written by the rich. The poor are forgotten and beat down.

[MrSuperpunch019]

I personally think the banks should have been bailed out. I would of liked more oversight and the fraudsters jailed...but eh, that just didn't happen =(

[mopsius]

A half dozen large banks control the Federal Reserve, which is private.

[MrSuperpunch019]

I disagree with that. I don't think it needs abolished. Europe, Russia and China have a central bank. What needs to happen is that we need to get the government out of the hands of the corporations and into the hands of the american people.

[mopsius]

Disagree with what--that the Federal Reserve is controlled by a half dozen banks and that it is is private, Mr. Superpunch019?

[MrSuperpunch019]

I don't believe in alex jones, ron paul or any of those goons.

We need the FED.

[mopsius]

That's nice--what does any of that have to do with whether the Federal Reserve is controlled by a half dozen banks and that it is private, Mr. Superpuch019?

[Tressco]

*SUPERLOL* - We need the mafia!

All nice & shilly...?

[mopsius]

The Federal Reverse is privately owned, Mr. Superpuch019--you seem bent upon avoiding admitting that fact.

[MrSuperpunch019]

No it's not. Europe, Russia and China have a similar system.

[mopsius]

Not true, Mr. Superpunch019. They have true central banks.

The Fed is not a central bank.

And it is not public--it is privately owned.

[mopsius]

Mainland Chinese banking is very complex--it is essentially controlled by the Communist Party.

[mopsius]

The Communist Party, advised by some of the best and cagiest economists in the world, among on other things use the central bank to control economic development in China.

[mopsius]

Incidentally there is no private real property in mainland China.