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Forum Post: Wall St. Oligarchs

Posted 5 years ago on May 28, 2018, 1:56 p.m. EST by agkaiser (2516) from Fredericksburg, TX
This content is user submitted and not an official statement

To save America from anything we must depose the Wall St. billionaire investors [oligarchs] that rule US through ownership of the government and most of everything else.

8 Comments

8 Comments


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[-] 1 points by agkaiser (2516) from Fredericksburg, TX 5 years ago

further reading about American Corporatism:

"How Media Amnesia Has Trapped Us in a Neoliberal Groundhog Day" - By Laura Basu

"...the neoliberal model is centred on the needs of corporations and that corporate power actually intensified after the 2008 financial meltdown. This power has been maintained with the help of a robust ideology centred on free markets (though in reality markets are captured by corporations and are maintained by the state)..."

https://www.nakedcapitalism.com/2018/05/media-amnesia-trapped-us-neoliberal-groundhog-day.html

[-] 0 points by factsrfun (8310) from Phoenix, AZ 5 years ago

This sounds a lot like "conservative" politics to me, what exactly is "neoliberal" about the idea that policy should favor the rich? isn't that conservatism?

[-] 1 points by agkaiser (2516) from Fredericksburg, TX 5 years ago

Neo-Liberal is about Adam Smith's "liberal" economics renewed by Nixon, Carter, Reagan, Bush, Clinton, Bush, and, in overall effect, Obama. It is conservative. It is the trend of the last 50 years. It is what has destroyed democratic elections and the economy in America and elsewhere. Trump is decidedly more Fascist than even neo-liberal and more destructive than all of them.

[-] 1 points by ImNotMe (1488) 5 years ago

Re. ''Neoliberalism'', consider ...

Which ends with these words re. Neoliberal Capitalism .. ''Until and unless it is fully accepted in the world mind that Capitalism is inherently vicious and destructive of all life, it will propagate itself - as cancer does, until it kills its host.

''Resistance to that idea’s implementation ... will be adamant, volcanic, and massively enforced. The wealth and power of its controlling monsters will all be employed to prevent their doomsday machine being stopped and shut down.

''But as Shelley said - 'ye are many, they are few.' If the true evil of Capitalism is once comprehended by humanity, this horror, like human sacrifice and slavery, can be eliminated, and life on earth can, perhaps, in time, flourish again.'' + FYI:

dum spiro, spero ...

[-] 1 points by agkaiser (2516) from Fredericksburg, TX 5 years ago

Milton Friedman wrote "Capitalism is Freedom." That's only true for the billionaire owners, the corporate overseers and a small portion of the petty bourgeoisie. For the rest of us it's "The Road to [debt] Serfdom." Screw Friedrich Hayek and all his wicked spawn including tiltin' Milton. We are the peons who suffer higher prices and lower wages when the freemen of Wall St. are thriving. When most of their profits are from after issue trades instead of primary investment, as they are today (see quants, vulture funds, hedge funds etc.) they just add unnecessarily to the cost of doing the business of making and selling real goods. And, course, we ordinary consumers pay the price for the Wall St. frauds.

Trump says the economy is booming, because Wall St. is thriving at the moment. When the bubble bursts, as it inevitably does, no doubt he'll blame it on Obama and the Dems.

[-] 0 points by factsrfun (8310) from Phoenix, AZ 5 years ago

Conservatives fight to make the rich richer and money more powerful, they call making money more powerful, "freedom".

[-] 0 points by factsrfun (8310) from Phoenix, AZ 5 years ago

I suggest we begin by destroying their political party, the GOP completely.

[-] 1 points by agkaiser (2516) from Fredericksburg, TX 5 years ago

Ok. But most of the Dems must go with them. The Democratic Party must turn decidedly Green before it will be significantly, rather than merely tokenly, better than the gop.