It looks more like Japan, or China, or the democracies of Europe. Why are we so gung ho to keep embracing a so called "free market" system, that has caused us to go down the economic toilet for the last 40 years?
We have some kind of large imperialistic power to our north who dictates 90% of our foreign policy to the rest of the world?
That kind of Republic? Or do you mean like the Bannana Republic - because I'm pretty sure that's a capitalistic enterprize gingerly mimicing the colonial extortion of the age.
This comment has received too many negative votesshow
yeah Oboo boo is taking us all on the road to serfdom but only the liberal marxist media and the stupid racist everyman libs are happy to have a pet negro in charge to be the patsy in the undermining of this republic. Oboo boo is a tool of his masters helping to keep down the masses of minorities by making them dependant and in a state of learned helplessness like pavlovs dog.
How incredibly ironic that a GOPer like Pawlenty would mention South America. It was his party that borrowed and spent us into a crisis that resembles those crises routinely experienced by Mexico, Argentina, and other South American Republics. These crises are typical of societies with income distributions and tax structures that heavily favor the rich.
How incredibly ironic that a GOPer like Pawlenty would mention South Africa. After all, it was his party, the Republican Party, which for decades suported the racist apartheid goverment in South Africa and continually referred to Nelson Mandella as a "terrorist".
Pawlenty, tell your message to my 401k... which I "affectionately" call my 201k. Yes, the America we "know and love" from yesteryears - that was Republican capitalism and greed run amok. I'm willing to give a "South American Republic" a chance...
If these companies had been run well they wouldn't be being 'nationalized' . Nobody forced them to take government money, they came asking for it in their corporate jets. Maybe we need a little 'socialism' in this country...
i agree..these republicans talk about socialism as if it's a bad thing..the country has always been a mix of capitalism and socialism..if the country was to be pure capitalism then anarchy will follow...rich people getting richer and poor gets more poorer and eventually riots pop up all over the place
that's why the rich allowed the middle class- to have a barrier between them and the poor..and then when elections come around, a constantly changing leader in charge prevents revolt.
lol i like how they try to put fear into people in referancing south american dictaror regimes of south america... i wonder what they calling Europe then, cause they do exactly the same thing as the US
You you idiots who say that these companies are nationalized and they are getting bailed out, you forget that these companies like AIG,banks who got TARP,GM,Chrysler, and many others have to payback that money sometime when they get back on their feet.I know Congress was holding their nose when they voted for the TARP because if they didn't do this then hello Great Depression.Remember in extraordinary times like these have to have extraordinary steps to fix these things as much as you hate it.
Isn't this the same asshat that took millions in federal money for his own state via the stimulus bill? Sounds like El Jefe Pawlenty no habla the truth.
The 80's & 90's = IMF 'structural adjustment plans' SAP-ing the life out of social safety nets to juice up the corporate and finance sectors.
The "IMF" role in this replay of history? Conservative budget-slashers at the state level.
More socialism & REAL socialism: stronger social safety nets, WORKER-focused bailouts, big green jobs programs & greater worker/stakeholder control in industry restructurings.
I lived in Venezuela for a time in the 1990's. We are definitely traveling a parallel course. Once the government gets involved, it is impossible to decouple them from commerce and reestablish free enterprise. I don't know if we are becoming a "Banana Republic" or not. But we are definitely on the path.
The whole image of the Banana republic ( most of them operating under the CIA umbrella) is utterly non-sense and inflammatory, Fox news style.. The United States have very little in common with the South American reality and any parody or caricature only serve an audience whose international experience is a single trip to Tijuana.
A "banana republic" is a country whose gov't regime is backed by a foreign power in exchange for a favorable economic relationship. Gautemala is an example of a country who's been at the gun-end of US economic imperialism in our global march against communism and for the great cause of cheap bananas.
Until there are death squads rounding up the intellectuals, scientists and teachers, then we are nowhere near a path toward being a banana republic.
The term was originally invented as a very direct reference to a "servile dictatorship" which abetted (or directly supported in return for kickbacks) the exploitation of large-scale plantation agriculture (usually banana). The term was coined by the American author O. Henry in his 1904 book of linked short stories, "Cabbages and Kings", set in the fictional "Anchuria", which was based on his 1896-97 stay in Honduras.
This is just criticism for the sake of criticism; it is most definitely not constructive criticism. If they were even remotely interested in being constructive, they'd say, "Ok, nationalizing these profit making enterprises is wrong, this is what we should be doing..." And as far as I can see, the only option besides nationalizing them is to let them go broke, triggering an economic collapse of unprecedented levels. And we don't want that, do we, fellow capitalists?
Obama's ideas sound exactly like... Australia. Large presence in health care and partial ownership of various other important industries. Tight consumer and worker protection laws and even tighter for companies with >100 employees.Woooooow socialism.
Well for the time being we are the only developed nation NOT in recession. Compare that to your situation. Obama is heading in the right direction don't be fooled this isn't socialism.
Wrong, dickhead. The country turned into a 1970s Banana Republic the day the son of a former president was handed the presidency by his governor brother and a bunch of judges appointed by his father, and he then proceeded to suspend democracy, and loot the public treasury in favor of a bunch of companies owned by his relatives and associates.
It may take awhile to change it back, but at least we're getting a good start.
Obama vs. the shitty Republicans? It's a false choice. Both sides fucking blow. I'm sure Obama was giddy as hell when he got to nationalize GM. Don't give me this "I don't like nationalizing GM" bullshit. Of course you do! We all know you hate business. Plus, you know nothing about economics.
And of course, the GOP just can't stop these ridiculous post-Bush antics.
I say let's put our faith in the LP for a change. They don't pull this crap, and they believe in freedom.
I've always been an Independent and will probably ALWAYS be one of the rest of my life. The two-party system fucking blows. Both parties are stale. The Democrats are the party of no ideas, and the GOP is the party of bad ideas. They play the same old game every 4 or 8 years, and Americans, like fools, keep buying into such a narrow system.
Dems: The GOP screwed up the last 4/8 years, and we're gonna fix it.
GOP (4 or 8 years later): See? I told you! The dems fucked up. We'll fix it.
He is right. The prosperity that George W Bush brought us was just what the doctor ordered. Yeah we sure were on the right path after 8 years of that.
Do these idiots still think fear can be used to control the masses like a decade ago? Get with the fucking program GOP, no wonder you're sinking like the Titanic.
If ANYTHING is characteristic of "South American Republics", it's the OPEN LAWLESSNESS introduced by the Bush Administration.
Of course, Pawlenty would also probably fail to acknowledge the role of meddling by the U.S. government in the failure of attempts at progressive/left-leaning economic policy in Latin America. The lawlessness of S.American right wing regimes is aided and abetted by American dollars, intelligence, and military training.
I think Republicans didn't get the memo about the last election... we voted for CHANGE. They're acting like they're still campaigning for Bush. Idiots.
Ron Paul has some really good ideas on paper, but you're being naive if you believe for one minute that his ideas will look the same when they meet reality!
I like Ron Paul, i however think that he over-simplifies everything and his policies are definitely easier said than done.....but that's just me!
The Paul/Goldwater/Boortz crowd never mentions the firebomb of human suffering and deparation that necessarily follows from cutting loose social safety nets.
In Latin America and elsewhere this comoes to be remedied with death squads killing, for instance, glue-sniffing homeless children.
When "Dr Paul" includes talk about how the self-regulating 'death squad' part of his economic vision is to work exactly, I'll take him & his sycophants more seriously.
Pawlenty is Sarah Palin's DICKLESS and BALLESS BITCH and PUSSY! Palin is a SUPERIOR politician, statesman and governor than Pawlenty could ever be. She is also MORE MAN than he is for Pawlenty wears the skirt in his family while his wife wears the pants!
This dumb SOB doesn't know shit about funding. Check out one of theuptake's newest videos. Letting people die all in the name of cutting spending. Gross.
Paulson, former CEO of Goldman Sachs & Treasury Sec under Bush, "I never saw the banking industry so strong", is involved in Bear Stears & Lehman Brothers & with Geithner (also of Goldman Sachs) & the privately owned FED Res Bank & other banking oligarchs.
These oligarchs torpedoed pensions to create the new peasant class of indentured servants without medical, retirement or savings, (with the FED tripling money supply in 6 mos inflation is astronomical & wiping out savings)
Geithner, who has been wrong about everything for 15 straight years, also former President of the illegal privately owned NY Fed Reserve, convinced Clinton that counterfeit derivatives were a solution & thereby created the Community Reinf Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act
Now the money supply has been tripled over the last 6 months!
Citibank bankrupted Argentina; and now the USA bails them out!
This situation is so far beyond political parties that everyone that points a finger at a Dem or a Rep is missing the point of this guy's warning. They and the rest of us will wake up in a 2d or 3d world country without having to move from home. Stupid politicos. It's about survival as a mighty nation with the moral integrity to lead the world out of this mess we have ALL created. Such are like the bums that sit on thier fanny whining about how no one is fixing the Katrina mess. Help won't come
Why are people freaking out over this Capitalism vs. Socialism think. I mean it hasn't even been a year into the recession and people are automatically declaring it's the end of Capitalism and that the US needs to take up Socialism
24mo yea right, that's optimistic, I'd say. We Americans better get back what we had 15-50yrs ago or we indeed are done.
Most of the time I just set with my mouth hanging open in disbelief. I'm not sure if it's the fluoride, chem-trails, something in our food, milk, or a combination, but somehow the masses have been made docile. Perhaps most have their nose so stuck to the grindstone to make ends meet / their heads above water that they have no time to pay attention to what's going on.
Yeah, and then 12 or 24 months after THAT it'll be a totally different country AGAIN. (Think about how "different" the US is now compared to 12-24 months ago).
Neo-con repubs have the shortest long-term memories of any mammal. It's intentional. It suits their "purpose," such as it is.
Wasn't it the last 8 years of Bush mayhem that brought us to the brink--forcing a more adult, Obama administration to take desperate measures?
Republican Presidents screw up the country (Reagan/Bush41; Bush43), leaving the clean-up to the Democratic Presidents (Clinton; Obama). As always, the GOP blames the clean-up crew for the mess.
You might be right about "both parties" contributing to the mess, but it's hard to tell, given that only ONE of those two parties has held most of the power since 1995.
If the Democrats fuck things up HALF as badly as the Republicans did, then and only then will I admit that there's no real difference between the two parties. (But I do think we need more than two parties to have a healthy democracy.)
ur so right RZ! why are people so scared of socialism?In reland, our taxes pay for our schools, hospitals etc, the unemployed get a decent weekly allowance, old folks get a weekly pension, there is complete free medical care for anyone who makes less than a certain amount of money and TOTAL free healthcare to ALL cancer patients. i have lived in the US also, and Ireland is FAR from perfect, but i would rather become unemployed/sick over here...USA would absolutely let me die/starve.
Ironically, conservative Americans LOVE to cite Ireland's low corporate tax rate as a capitalistic model of how America should operate. (Meanwhile, they forget to mention that most American companies pay NO corporate tax due to loopholes, and are even subsidized by tax money; and hope nobody mentions any of that stuff about universal healthcare, unemployment, pensions etc. as having contributed to Ireland's success.)
Wow.... that's not racist...
TrowaBarton11 2 weeks ago
@TrowaBarton11 What about it is racist? Racism is the claim that one race is inherently superior to another.
oddcatalyst 2 weeks ago
Oh God! The stupid! It hurts!
RadarKat73080 1 year ago
It looks more like Japan, or China, or the democracies of Europe. Why are we so gung ho to keep embracing a so called "free market" system, that has caused us to go down the economic toilet for the last 40 years?
dlhitch2007 2 years ago
Cause its made the US into the worlds only economic superpower, with Japan long long behind and then China as nr 3.
richter75 1 year ago
damn neil looks pissed
MrBloc7 2 years ago
JESSE!!! COME BAAAAAAACK!!! *Weeping*
eventide925 2 years ago
O_o
We have some kind of large imperialistic power to our north who dictates 90% of our foreign policy to the rest of the world?
That kind of Republic? Or do you mean like the Bannana Republic - because I'm pretty sure that's a capitalistic enterprize gingerly mimicing the colonial extortion of the age.
I hear they have nice pull-overs.
Oh, and Pawlenty, one more thing...
Shut up, and stop embarassing our state.
-Qes, disgruntled constituant.
QuasiEvilScott 2 years ago
This comment has received too many negative votes show
yeah Oboo boo is taking us all on the road to serfdom but only the liberal marxist media and the stupid racist everyman libs are happy to have a pet negro in charge to be the patsy in the undermining of this republic. Oboo boo is a tool of his masters helping to keep down the masses of minorities by making them dependant and in a state of learned helplessness like pavlovs dog.
45abcdefg4545 2 years ago
What's wrong with South America? We did keep to ourselves for centuries.
PersonalJesus348 2 years ago
Nothing. I am a Minnesotan, and I can tell you that Pawlenty is as despised in his own state as any other.
aswar314 2 years ago 7
ok, and next ur gonna tell me that ed rendell and john corzine are good governors! lol
raiders4life2010 2 years ago
How incredibly ironic that a GOPer like Pawlenty would mention South America. It was his party that borrowed and spent us into a crisis that resembles those crises routinely experienced by Mexico, Argentina, and other South American Republics. These crises are typical of societies with income distributions and tax structures that heavily favor the rich.
milkgodnl 2 years ago 2
How incredibly ironic that a GOPer like Pawlenty would mention South Africa. After all, it was his party, the Republican Party, which for decades suported the racist apartheid goverment in South Africa and continually referred to Nelson Mandella as a "terrorist".
AtlasShruggery 2 years ago
"South America"
aswar314 2 years ago
Hey, South America, South Africa, doesn't matter. They're all dark-skinned trrrrrrsts to the GOPers. Glad to know about Minnesotans. Thanks.
AtlasShruggery 2 years ago
Pawlenty, tell your message to my 401k... which I "affectionately" call my 201k. Yes, the America we "know and love" from yesteryears - that was Republican capitalism and greed run amok. I'm willing to give a "South American Republic" a chance...
swankymsp 2 years ago
where does fox get this fucks.... oh, wait, out of there employee pool
NaturalNontheist 2 years ago
i think the unions took down gm they werent run right are you kidding me
teacherphysics 2 years ago
If these companies had been run well they wouldn't be being 'nationalized' . Nobody forced them to take government money, they came asking for it in their corporate jets. Maybe we need a little 'socialism' in this country...
znarf541 2 years ago 2
i agree..these republicans talk about socialism as if it's a bad thing..the country has always been a mix of capitalism and socialism..if the country was to be pure capitalism then anarchy will follow...rich people getting richer and poor gets more poorer and eventually riots pop up all over the place
suchAnoob 2 years ago 2
that's why the rich allowed the middle class- to have a barrier between them and the poor..and then when elections come around, a constantly changing leader in charge prevents revolt.
motoian84 2 years ago
lol i like how they try to put fear into people in referancing south american dictaror regimes of south america... i wonder what they calling Europe then, cause they do exactly the same thing as the US
robinvan1983 2 years ago
Dick Cheney 012!!!
~America loves Dick
CynthiaSwallows 2 years ago
You you idiots who say that these companies are nationalized and they are getting bailed out, you forget that these companies like AIG,banks who got TARP,GM,Chrysler, and many others have to payback that money sometime when they get back on their feet.I know Congress was holding their nose when they voted for the TARP because if they didn't do this then hello Great Depression.Remember in extraordinary times like these have to have extraordinary steps to fix these things as much as you hate it.
redmustang03 2 years ago
And he's thinking about running for President! LOLOLOL
lewghost 2 years ago
Do the GOP really believe if they were in charge right now the US will be in a better place right now?! I mean, really??
Its like they think the world started on Jan. 20th.
jazeyedgirl 2 years ago 3
Isn't this the same asshat that took millions in federal money for his own state via the stimulus bill? Sounds like El Jefe Pawlenty no habla the truth.
study1 2 years ago 2
Right continent, wrong decade.
The 80's & 90's = IMF 'structural adjustment plans' SAP-ing the life out of social safety nets to juice up the corporate and finance sectors.
The "IMF" role in this replay of history? Conservative budget-slashers at the state level.
More socialism & REAL socialism: stronger social safety nets, WORKER-focused bailouts, big green jobs programs & greater worker/stakeholder control in industry restructurings.
Haven't seen the 1st sign of it yet.
terpis 2 years ago
wrong!!
stupidb8888 2 years ago
You've lost the right to bitch about government intervention when you gobbled up billions of government money.
melonbarmonster 2 years ago 3
Fox is really appealing to an uneducated audience.. Republic from South America??? They could not even name one, nor point it on a map...
Francebrasil 2 years ago 4
Name one or point to it on a map?
I lived in Venezuela for a time in the 1990's. We are definitely traveling a parallel course. Once the government gets involved, it is impossible to decouple them from commerce and reestablish free enterprise. I don't know if we are becoming a "Banana Republic" or not. But we are definitely on the path.
RWJonesAIC 2 years ago
The whole image of the Banana republic ( most of them operating under the CIA umbrella) is utterly non-sense and inflammatory, Fox news style.. The United States have very little in common with the South American reality and any parody or caricature only serve an audience whose international experience is a single trip to Tijuana.
Francebrasil 2 years ago 3
A "banana republic" is a country whose gov't regime is backed by a foreign power in exchange for a favorable economic relationship. Gautemala is an example of a country who's been at the gun-end of US economic imperialism in our global march against communism and for the great cause of cheap bananas.
Until there are death squads rounding up the intellectuals, scientists and teachers, then we are nowhere near a path toward being a banana republic.
We're simply experiencing a recession.
discountBush 2 years ago
BANANA REPUBLIC:
The term was originally invented as a very direct reference to a "servile dictatorship" which abetted (or directly supported in return for kickbacks) the exploitation of large-scale plantation agriculture (usually banana). The term was coined by the American author O. Henry in his 1904 book of linked short stories, "Cabbages and Kings", set in the fictional "Anchuria", which was based on his 1896-97 stay in Honduras.
RWJonesAIC 2 years ago
This is just criticism for the sake of criticism; it is most definitely not constructive criticism. If they were even remotely interested in being constructive, they'd say, "Ok, nationalizing these profit making enterprises is wrong, this is what we should be doing..." And as far as I can see, the only option besides nationalizing them is to let them go broke, triggering an economic collapse of unprecedented levels. And we don't want that, do we, fellow capitalists?
AtheistOnTheEdge 2 years ago
hahahahaha
fadropblane 2 years ago
"The" South America?
publicgood 2 years ago
Obama's ideas sound exactly like... Australia. Large presence in health care and partial ownership of various other important industries. Tight consumer and worker protection laws and even tighter for companies with >100 employees.Woooooow socialism.
Well for the time being we are the only developed nation NOT in recession. Compare that to your situation. Obama is heading in the right direction don't be fooled this isn't socialism.
ipxzor 2 years ago
Wrong, dickhead. The country turned into a 1970s Banana Republic the day the son of a former president was handed the presidency by his governor brother and a bunch of judges appointed by his father, and he then proceeded to suspend democracy, and loot the public treasury in favor of a bunch of companies owned by his relatives and associates.
It may take awhile to change it back, but at least we're getting a good start.
OlivierdeAthos 2 years ago 2
There's nothing left to be said. You said all that needs to be said.
charlie44444 2 years ago
Says the Canadian.
MississippiBlueDog 2 years ago
Why is it always the Banana Republicans complaining about what it's taking to recover from their ingenious economics?
Nutrino2179 2 years ago
It's a vicious cycle. But Americans seem too dumb as voters to realize they've been conned for the longest time.
whoo689 2 years ago 2
Obama vs. the shitty Republicans? It's a false choice. Both sides fucking blow. I'm sure Obama was giddy as hell when he got to nationalize GM. Don't give me this "I don't like nationalizing GM" bullshit. Of course you do! We all know you hate business. Plus, you know nothing about economics.
And of course, the GOP just can't stop these ridiculous post-Bush antics.
I say let's put our faith in the LP for a change. They don't pull this crap, and they believe in freedom.
whoo689 2 years ago
I've always been an Independent and will probably ALWAYS be one of the rest of my life. The two-party system fucking blows. Both parties are stale. The Democrats are the party of no ideas, and the GOP is the party of bad ideas. They play the same old game every 4 or 8 years, and Americans, like fools, keep buying into such a narrow system.
Dems: The GOP screwed up the last 4/8 years, and we're gonna fix it.
GOP (4 or 8 years later): See? I told you! The dems fucked up. We'll fix it.
whoo689 2 years ago 2
Socialism > Capitalism
FACT
WKaliberr 2 years ago 2
Your intelligence < Baboon w/down syndrome
BigPurple121 2 years ago
Rad! Dictatorship or banana republic!!! Let's do it bitches!!!
lamouchemorte 2 years ago
Only if Obama gets to wear a uniform and sunglasses, and Michelle gets to sing "Don't Cry For Me Argentina" from the balconly of the White House.
OlivierdeAthos 2 years ago 4
LOL!
Touché, Olivier. That is the funniest remark that I have heard from a Frenchman in a long time!
coolal19 2 years ago
The America we remember? What, like the mess the Republicans made for 8 years? Shut up and go away. Your way didn't work.
crabbybastard1 2 years ago
He is right. The prosperity that George W Bush brought us was just what the doctor ordered. Yeah we sure were on the right path after 8 years of that.
burntonion05 2 years ago 2
I like to see what this country will look like 24 months from now. Fox news may want to stfu until then.
WereAllApes 2 years ago
LOL
Do these idiots still think fear can be used to control the masses like a decade ago? Get with the fucking program GOP, no wonder you're sinking like the Titanic.
Khazule 2 years ago
Let's see....whenever Republicans make negative predictions about Obama and the Democrats the opposite happens, Democras win.
oldtownkid 2 years ago
What crap.
If ANYTHING is characteristic of "South American Republics", it's the OPEN LAWLESSNESS introduced by the Bush Administration.
Of course, Pawlenty would also probably fail to acknowledge the role of meddling by the U.S. government in the failure of attempts at progressive/left-leaning economic policy in Latin America. The lawlessness of S.American right wing regimes is aided and abetted by American dollars, intelligence, and military training.
KosmicCitizen 2 years ago 3
More fear mongering by the GOP.
JobDDT 2 years ago 4
I think Republicans didn't get the memo about the last election... we voted for CHANGE. They're acting like they're still campaigning for Bush. Idiots.
RealCaptainAmerica 2 years ago
Yep, they voted for CHANGE in 1976 too.
After 4 years of D'ohBama's mentor - Jimmy Carter - they were ready for a return of liberty.
TedinLasVegas 2 years ago
You're one of the idiots I'm talking about. Bush 2012? Idiot.
RealCaptainAmerica 2 years ago
Starting off his non-campaign (Presidential) campaign by being a policy sniper. Good plan.
Duh. Fail.
voyeurdug 2 years ago
the illusion of choice................bothe partys are one in the same............for at least thirty yrs. now.
1019drummer 2 years ago
he can thank the GOP for bankrupting the US
marniespeaks 2 years ago 6
and we can thank obama for being hands off....
PersonalJesus348 2 years ago
too late for that the GOP ran everything into the ground
marniespeaks 2 years ago
Fuck Both parties, they do not represent us, they are members of the CFR and supports the north american union and the new world order.
jmjfanss 2 years ago 2
you're probably right
marniespeaks 2 years ago
I know, right? The GOP acts like Obama caused all these problems in the 5 months that he's been in office,...oh please!!!
ver506 2 years ago
he's not helping matters by being moderate. That's what hoover did.
PersonalJesus348 2 years ago
And already he's making the problems even worse.
Thankfully I Voted for ron paul last year in the primaries, He maybe GOP, but he's the only one on either side that cares about america.
jmjfanss 2 years ago
Ron Paul has some really good ideas on paper, but you're being naive if you believe for one minute that his ideas will look the same when they meet reality!
I like Ron Paul, i however think that he over-simplifies everything and his policies are definitely easier said than done.....but that's just me!
ver506 2 years ago 3
It's anything but 'just you'.
The Paul/Goldwater/Boortz crowd never mentions the firebomb of human suffering and deparation that necessarily follows from cutting loose social safety nets.
In Latin America and elsewhere this comoes to be remedied with death squads killing, for instance, glue-sniffing homeless children.
When "Dr Paul" includes talk about how the self-regulating 'death squad' part of his economic vision is to work exactly, I'll take him & his sycophants more seriously.
terpis 2 years ago
Pawlenty is Sarah Palin's DICKLESS and BALLESS BITCH and PUSSY! Palin is a SUPERIOR politician, statesman and governor than Pawlenty could ever be. She is also MORE MAN than he is for Pawlenty wears the skirt in his family while his wife wears the pants!
ecwaufisxtreme 2 years ago
This dumb SOB doesn't know shit about funding. Check out one of theuptake's newest videos. Letting people die all in the name of cutting spending. Gross.
notscooter952 2 years ago
Paulson, former CEO of Goldman Sachs & Treasury Sec under Bush, "I never saw the banking industry so strong", is involved in Bear Stears & Lehman Brothers & with Geithner (also of Goldman Sachs) & the privately owned FED Res Bank & other banking oligarchs.
These oligarchs torpedoed pensions to create the new peasant class of indentured servants without medical, retirement or savings, (with the FED tripling money supply in 6 mos inflation is astronomical & wiping out savings)
sugarpuddin88 2 years ago
Geithner, who has been wrong about everything for 15 straight years, also former President of the illegal privately owned NY Fed Reserve, convinced Clinton that counterfeit derivatives were a solution & thereby created the Community Reinf Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act
Now the money supply has been tripled over the last 6 months!
Citibank bankrupted Argentina; and now the USA bails them out!
sugarpuddin88 2 years ago
This situation is so far beyond political parties that everyone that points a finger at a Dem or a Rep is missing the point of this guy's warning. They and the rest of us will wake up in a 2d or 3d world country without having to move from home. Stupid politicos. It's about survival as a mighty nation with the moral integrity to lead the world out of this mess we have ALL created. Such are like the bums that sit on thier fanny whining about how no one is fixing the Katrina mess. Help won't come
tj5555555 2 years ago
Or Zimbabwe in the NOW....
boots920 2 years ago
Why are people freaking out over this Capitalism vs. Socialism think. I mean it hasn't even been a year into the recession and people are automatically declaring it's the end of Capitalism and that the US needs to take up Socialism
glaked23 2 years ago
24mo yea right, that's optimistic, I'd say. We Americans better get back what we had 15-50yrs ago or we indeed are done.
Most of the time I just set with my mouth hanging open in disbelief. I'm not sure if it's the fluoride, chem-trails, something in our food, milk, or a combination, but somehow the masses have been made docile. Perhaps most have their nose so stuck to the grindstone to make ends meet / their heads above water that they have no time to pay attention to what's going on.
MathewsWire 2 years ago
He's not going to run for re-election as Minnesota's governor because he knows damn well he'd lose this time around.
He's a god damn embarrassment.
CynicalSavior 2 years ago 2
Reagan, Bush I and Bush II KILLED the "America we love and remember" with the help and eager assistance of Cheney and Rumsfeld
dogstar7 2 years ago 6
Yeah, and then 12 or 24 months after THAT it'll be a totally different country AGAIN. (Think about how "different" the US is now compared to 12-24 months ago).
Neo-con repubs have the shortest long-term memories of any mammal. It's intentional. It suits their "purpose," such as it is.
tonycapricorny 2 years ago
Wasn't it the last 8 years of Bush mayhem that brought us to the brink--forcing a more adult, Obama administration to take desperate measures?
Republican Presidents screw up the country (Reagan/Bush41; Bush43), leaving the clean-up to the Democratic Presidents (Clinton; Obama). As always, the GOP blames the clean-up crew for the mess.
brawnymike 2 years ago 4
Because both parties are destroying this country, both parties do not care about the american people, but power and money.
I'm glad I'm libertarian populist.
both parties have sold us out.
jmjfanss 2 years ago
You might be right about "both parties" contributing to the mess, but it's hard to tell, given that only ONE of those two parties has held most of the power since 1995.
If the Democrats fuck things up HALF as badly as the Republicans did, then and only then will I admit that there's no real difference between the two parties. (But I do think we need more than two parties to have a healthy democracy.)
OlivierdeAthos 2 years ago
Comment removed
glaked23 2 years ago
Sorry, but we already gave free market and laizer faire a try and America is in the dumps now.
If socialism was so evil why do most European countries have it and Europe's living standards are better than Americans?
RZetlin 2 years ago 5
fact, america never had true free market. government always intervened, i.e. the FED
KhmerD0g 2 years ago 4
ur so right RZ! why are people so scared of socialism?In reland, our taxes pay for our schools, hospitals etc, the unemployed get a decent weekly allowance, old folks get a weekly pension, there is complete free medical care for anyone who makes less than a certain amount of money and TOTAL free healthcare to ALL cancer patients. i have lived in the US also, and Ireland is FAR from perfect, but i would rather become unemployed/sick over here...USA would absolutely let me die/starve.
corkcityjane 2 years ago 4
Ironically, conservative Americans LOVE to cite Ireland's low corporate tax rate as a capitalistic model of how America should operate. (Meanwhile, they forget to mention that most American companies pay NO corporate tax due to loopholes, and are even subsidized by tax money; and hope nobody mentions any of that stuff about universal healthcare, unemployment, pensions etc. as having contributed to Ireland's success.)
OlivierdeAthos 2 years ago 3
Socialism > Capitalism
FACT
WKaliberr 2 years ago
WK-absolutely right :)
corkcityjane 2 years ago