Politics
Out of context: Reply #9239
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- TheBlueOne0
"But like i said i have no expectations. And im not insulting when i say this, id rather state matter-of-factly my current view that you and your ilk are like trying to drag a dead horse to water and kick it until it drinks."
Incredible. Here we sit at the end of 30+ years of massive government deregulation of industries, ESPECIALLY the banking and finance industry, that resulted in the 2nd worst financial crash in the United States. The Biggest Crash happened in pursuing the exact same policies seventy odd years ago.
Yet YOU are the one dragging the "We need to get government off our backs and out of the markets" dead horse meme
Further, your side completely overlooks WHERE in the market profits are coming from, considering them all to be equal as long as they are, in fact profits. When in actual fact capital return on actual production of goods and services has been in a steady decline since the 1970's, as apparently demonstrated by the lack of real wages in that time, and has been artificially inflated through various financial "vehicles". The interests and class behind creating these "profits from nothing" would like to keep their position and source of wealth and don't give two fucks about the rest of society.
Whereas in, say China, where there is significant investment capital return on infrastructure, manufacturing, etc. here in the States it's been shot to hell. Investment return focuses on finanical chiccanery and not actual physical growth. Why loan money to a factory to upgrade their facilities with a 2% return on investment over ten years when they can create financial "instruments" selling nothing and get back scaled amounts far greater? And fuck it, we can buy the company that owns the factory, break down it's assets, dump it's retirement plan into some mortgaged back securities (fuck, who cares if it blows up as long as we get our % off the top, right?)
Yet you seem to think allowing these activities to continue by keeping government out of "free markets" is the ticket?
Someone's dragging and kicking a dead horse to some pretty fetid water, and it ain't me.
And stop bitching and moaning like it's a fucking challenge for you to write in coherent sentences. It's not hard, retard.
- And for the record Obama hasn't done anything in this matter to make me happy.TheBlueOne