Tuesday, May 10, 2011

Inside Job



Ok Mr. and Mrs. middle-America; You're pissed off.
You might have lost a huge chunk of your retirement.
You might have lost your pension.
Your property value has plummeted.

Who do you get mad at?

WALL STREET.

I just watched "Inside Job" last night, and I'm going to watch it again to fully understand the elements that led to the crash.

To be fair, the outgoing Clinton administration had their hand in the cookie jar, but the Reaganesque push for deregulation falls largely on the last three Republican administrations.

We have the best Government money can buy; how the fuck do we take the money out of politics?

6 comments:

AgentGenev said...

well, well, i remember posting here that clinton was at large fault, and you talking bigoted shit about it being all right winger's fault. good to see you educating yourself. perhaps soon you will grasp that both parties are completely full of shit and stop propagating for one of them.

Man of the West said...

...how the fuck do we take the money out of politics?

When government is not powerful enough to make the investment worthwhile, then the money will drain out of it. It is not possible to have a powerful government with tentacles everywhere, dipping into everyone's business, and not have money in politics.

Sean C. Ledig said...

MOTW,

Your argument is the usual nonsensical Ayn Randroid bullshit.

The whole idea behind groups like the Chamber of Commerce putting money into elections is that they DON'T want a powerful government. A powerful government might actually investigate and prosecute the types of white-collar crime that caused the 2008 crash.

They're the ones who want to "starve the beast" and shrink the government so they can "drown it in a bathtub."

Man of the West said...

Thanks for your input, Mr. Ledig. With respect, I don't think you reasoned that out well at all. That is, to my mind, that powerful government would attract money meant to shrink it proves my point, it obviously not being necessary for the Chamber (or anyone else) to invest in the shrinking of less powerful government.

If you don't agree, that's fine. I'll go off to work and have a great day anyway.

Just as an aside, I do not actually have much use for Rand. If you haven't read much Burke, you are not terrifically likely to be familiar with the sort of conservatism I embrace.

Man of the West said...

Thanks for your input, Mr. Ledig. With respect, I don't think you reasoned that out well at all. That is, to my mind, that powerful government would attract money meant to shrink it proves my point, it obviously not being necessary for the Chamber (or anyone else) to invest in the shrinking of less powerful government.

If you don't agree, that's fine. I'll go off to work and have a great day anyway.

Just as an aside, I do not actually have much use for Rand. If you haven't read much Burke, you are not terrifically likely to be familiar with the sort of conservatism I embrace.

Dojo Rat said...

Well, I'm glad you guys wrote in as "the loyal opposition".

It's good to openly discuss these issues.

As for the documentary "Inside Job", I suggest you watch it and see how the origin of deregulation in the Saint Reagan administration has led us to ruin.

I'm not scared of Government, I'm freaked out by Government that is bought and paid for by multinational corporations.

The "Citizens United" case the Supreme Court ruled on is the downfall of Democracy and the beginning, or continuation of corporate fascism.

If you are an Eisenhower Republican, you would acknowledge what he warned about "The military industrial complex".
We are living that right now.

So if you are making less than $200,000 a year, I just don't see why you would even be a Republican.
They don't give a shit about working people or people of color.
That's why they are so freaked out about immigration issues. The modern Republican party is now "the national white peoples party". The demographics are changing and the only way Republicans can win is by voter suppression.
What have they done for the middle class since "trickle down" supply-side economics began?
Crash the banking system twice and lied us into needless war.

My how I ramble on.
Thanks for the discussion, it's important to be open and frank about these issues-