reply to post by MuLongQun
My first question is isn’t this potential upcoming recession just a normal part of the economic cycle that happens every 20- 25 years?
In 1949, a best selling book attempted to show the connection between the NYSE - stock market - and SUNSPOTS. Before “on time” delivery replaced
warehousing the old law of supply and demand was offered as the “reason” or “cause” of the vicissitudes of the stock market.
The problem as I see it is much akin to the DJIA versus any given stock on the market. Dow Jones Industrial Average. The DJIA is based on 30 stocks.
It happens those stocks are chosen because they are the BEST stocks. You may own a stock that does much better than, or much worse than, the DJIA. Yet
we almost “worship” at the foot of the DJIA. Aside: Before Rupert Murdoch came along, Dow Jones owned the Wall Street Journal.
I understand from this thread and others that some people are concerned that America will soon become a police state? In my belief America is
one of the most patriotic countries I can think of along with a population that is relatively “Gun Ho” and places the right to bare arms high on
their list of priorities? Personally I couldn’t think of another country that would be harder to place under such conditions?
I think liberty versus security rides a cycle similar to the financial markets. 1848 was the year of socialists revolutions in Europe. The Russian
1905 Revolt failed but as we all know, the 1917 Revolt did not. Capitalists in America like Andrew Carnegie and George Pullman railed against
socialism from the beginning and were absolutely supported by almost every local, state and Federal government. Scores of workers were killed by
soldiers, police and company hired thugs.
There was an ANTI Red scare in American from 1918 to the mid 1920s. We enacted an immigration law that favored North Europeans over South Europeans.
American courts routinely ruled against workers’ strikes until the 1933 Wagner Act permitted strikes. Few Americans know the US sent 20,000 US
soldiers into Russia to break the Bolshevik Revolution. Along with British and Japanese. By 1923, the Reds had prevailed and the Western forces left.
Another RED scare followed after the expulsion of Chiang Kai Shek from mainland China by Mao Zedong in 1949, there was another RED scare in America.
Joe McCarthy led the rampage which included taking J. Robert Oppenheimer’s security clearance away. Him being not only LEFT but also JEW. 2 strikes.
Our current government is trying its best to create an ISLAMIC scare. Let's hope reason prevails. But alas, it rarely does.
The current avalanche against civil rights is actually a right wing revulsion with the Warren-Burger Supreme Court. Most of what we call our rights
today have been defined and enlarged by that era of LIBERAL bliss. The so-called ACTIVIST judges.
The Chicago Haymarket massacre was on 4 May 1886. Eight anarchists were tried for murder. Four were put to death and one committed
suicide in prison. The Haymarket affair is generally considered to have been an important influence on the origin of international May Day observances
for workers. But NOT in the United States. Deeply polarized attitudes separating business and working class people in late 19th century Chicago are
generally acknowledged as having contributed to the tragedy and its aftermath. Business won. And is still winning.
Reflect on the 1968 Democratic National Convention in Chicago. A police riot. I have always said Mayor Daley elected Richard Nixon
president that day.
On December 4, 1969, a tactical unit of the Cook County, Illinois State's Attorney's Office, in conjunction with the Chicago
Police Department and the Federal Bureau of Investigation conspired to murder the leader of the Black Panther Party. FBI Director J. Edgar Hoover had
demanded that the COINTELPRO personnel "destroy what the Black Panther Party stands for" and "eradicate its 'serve the people' programs.”
At 4:00 a.m.
, the heavily armed police team arrived at the site, dividing into two teams, eight for the front of the building and six for the
rear. At 4:45, they stormed in the apartment. Mark Clark, who had been in a front room with a shotgun in his lap, was killed instantly after firing
off a single round; the only shot the Panthers fired. The automatic gunfire converged at the head of the bedroom where Fred Hampton slept. Two
officers found him wounded in the shoulder, and fellow Black Panther Harold Bell reported that he heard the following exchange: "That's Fred
Hampton." "Is he dead?... Bring him out." “He's barely alive; he'll make it."
Two shots were heard, which it was later discovered were fired point blank in Hampton's head. According to Deborah Johnson, one officer then said:
"He's good and dead now.”
Fred Hampton murdered by the police, joins Ernesto “Che” Guevara, murdered by the CIA in Bolivia after being captured on October 9, 1967. Latest
addition is Abu al-Zarqawi, murdered by US Special Forces after his capture in Iraq on June 7, 2006.
It took years of incessant public pressure to expose the truth; eventually it was proven that all but one of the 99 shots were fired by the police.
[edit on 2/18/2008 by donwhite]