The Socialistic States of America

[reason]

put on your foil hat... i'm back with my paranoia...

I really hate to seem like a radical conspiracy theorist... but the pieces of the puzzle are there... whether they fit together or not is out of our hands or knowledge.

I'm not sure if you have ever read the book "This Present Darkness" by Frank Peretti.... but at the end, it becomes apparent that a college was taken over by a man who deliberately ran the finances under so that the college would be in a place to be sold to a corporation. The man who was ruining the finances, was actually siphoning money to the very corporation that was setup to come in and take over.

This seems too similar to our current state.

Our government is "bailing out" (or "buying out") these companies, therefore becoming the majority stock/equity holder in the companies. they are doing this so that the free market will not fail, thus negating the free market and making it a socialism. The people will be unhappy that the government is doing this, but happy with the outcome..... therefore, furthering their complacency and trust into an encompassing government.
I believe this is happening to keep this country strong in the world stage so that we can remain a strong entity in the global economy and government.
I believe they will justify the bailouts by admitting that they now own the companies (not just helped them), and will pass the profit off to the tax payers that paid for the bailout (which they will not). The government was never supposed to be a player in the free market... they are not supposed to be a "business' at all!
I also believe that after a few more bail outs... the government will say that they need to regulate the market so they can keep these bail outs from happening. Then... they will not only be a player in the free market... but they will have the power to regulate it so that it fits their needs.

[charlie brown]

no.

actually the bailout is being set into place so the market doesn't crash with catastrophic consequences around the globe with the lesson learned that a free market economy is only good in theory but the reality is that regulations must be set into place

[PETA]

Originally Posted by matias

no.

actually the bailout is being set into place so the market doesn't crash with catastrophic consequences around the globe with the lesson learned that a free market economy is only good in theory but the reality is that regulations must be set into place

Matias... meet the SEC.... SEC meet Matias.

Matias.... meet FDIC.... FDIC meet Matias

etc etc etc regulations exist all over the place

Matias... meet the community reinvestment act....

[charlie brown]

xian... meet september of 2008

[reason]

Originally Posted by matias

no.

actually the bailout is being set into place so the market doesn't crash with catastrophic consequences around the globe with the lesson learned that a free market economy is only good in theory but the reality is that regulations must be set into place

"not only will it be forced upon them, but they will ask for it"

[PETA]

Originally Posted by matias

xian... meet september of 2008

that's a non sequitur... you asserted that the market is unregulated which is patently false.

Loaded into your false assertion is the claim that had regultions been in place none of this would have happened. One of the primary factors contributing to the subprime fiasco was the Community Reinvestment Act and Clinton's take on it.

Anyway... the Dow


http://www.minyanville.com/assets/ca...ow100YrsMV.jpg



the market... it has its occassional problems but overall its the best way to go

[DataBass]

Originally Posted by St. Stalin the Apathetic

Matias... meet the SEC.... SEC meet Matias.

Matias.... meet FDIC.... FDIC meet Matias

etc etc etc regulations exist all over the place

Matias... meet the community reinvestment act....

Yeah, but the part (Glass-Steagall Act) that was in place to prevent this shit was repealed with GLB.

[PETA]

Originally Posted by DataBass

Yeah, but the part (Glass-Steagall Act) that was in place to prevent this shit was repealed with GLB.

Under Clinton (1999)

Gramm - Leach - Baily

passed by wide margain I might add

Senate 90-8-1
House: 362-57-15

[TheAmazon]

So true, it brings to mind the Aldous Huxley speech at Berkley in 1962, where he talks about people being sold, and manipulated, to love their slavery, to love their servitude.


that one is only audio,..but here is a video of him, kind of fitting in such a post, in such a strange, brave new world if you will, sorry if i sound lame

http://www.hrc.utexas.edu/multimedia...ey_aldous.html

[Dionysos]

Originally Posted by St. Stalin the Apathetic

Under Clinton (1999)

Gramm - Leach - Baily

passed by wide margain I might add

Senate 90-8-1
House: 362-57-15

Viewing who voted which way is interesting, like the fact that McCain didn't vote at all. In fact, he's the only senator that didn't vote.

http://www.govtrack.us/congress/bill...s106-900#votes

[PETA]

Originally Posted by Dionysos

Viewing who voted which way is interesting, like the fact that McCain didn't vote at all. In fact, he's the only senator that didn't vote.

http://www.govtrack.us/congress/bill...s106-900#votes

To me the interesting thing is that the roll makes it clear that this was no partisan bill but one that had overwhelming support from both sides of the aisle...

[black_ostrich]

true lobbist have no prefrence... they are sent out to buy votes, no matter what party.
they are in the business for special interest groups.

No pork!!! Oink,Oink!!

[xtramedium]

Originally Posted by TheAmazon

So true, it brings to mind the Aldous Huxley speech at Berkley in 1962, where he talks about people being sold, and manipulated, to love their slavery, to love their servitude.


that one is only audio,..but here is a video of him, kind of fitting in such a post, in such a strange, brave new world if you will, sorry if i sound lame

http://www.hrc.utexas.edu/multimedia...ey_aldous.html

I love Huxley's Brave New World. Have you read it?

[PETA]

Isn't that required reading in most high schools?

[xtramedium]

Originally Posted by St. Stalin the Apathetic

Isn't that required reading in most high schools?

Not sure, but I think so. That doesn't necessarily mean someone's actually read the book tho.