The problem isn't debt - it's unequal wealth disribution (Das Kapital)

The current crisis is caused by greed. The elite are now taking advantage of the rampant insecurity sweeping the land to move thier agenda forward.

The history of all previous societies has been the history of class struggles
- Karl Marx

Marx's prediction that capitalism would lead to an ever-increasing concentration of wealth in the hands of a tiny minority and the increased exploitation of the vast majority worldwide is graphically borne out by the reality at the beginning of the 21st century.

Capital has been concentrated in fewer and fewer hands at the same time as it has grown beyond the wildest dreams of the Victorian capitalists.

en.wikipedia.org...

This short documentary on capitalism was filmed during America's golden age of the 1950's. This was how wealth distribution was supposed to work.

America's Distribution of Wealth -part 1 of 2



America's Distribution of Wealth -part 2 of 2



Modern day wealth distribution in the United States.



[edit on 6-10-2008 by In nothing we trust]

Seeing how most billionaires are democrats and seeing that the democrat party is very likely to gain control of both sections of congress and the presidency, you might be on to something about the elites being able move their agendas forward.

At last the voice of reason-great post op- now maybe you'll listen to us Socialists-Marx saw it coming..

Solutions to change America from the central government are intentionally being stifled and censored. There can only be two reasons for such a move.

1) They intend on subjecting us to slavery

2) There're faking it and they want us to fight for our freedom so that they can pretend to grant it to us

Either way I say it's time to blow something up.

I love the old time videos. Reminds of "Duck and Cover".

But America is already socialized - the bail out. The losses have been socialized.

For all the free market rhetoric, it's an extraordinary homage to ol' Karl Marx and an utter backflip that concentrates even more extreme amounts of wealth to the elites.

The problem isnt unequal distribution of wealth, its unsound money (Adam Smith, Ayn Rand, Friedrich Hayek, Milton Friedman et al).

Fiat money allows the central governments to dilute the money you own.

Inequality is not inherently evil... It is an expansion of evolution to the 21st century.

Originally posted by 44soulslayer
The problem isnt unequal distribution of wealth, its unsound money

Fiat money allows the central governments to dilute the money you own.

Inequality is not inherently evil...

While I agree that inequity is not evil in itself, massive inequity for no reason other than power is. Especially when those who are in power are using thier influence in government to increase thier inequity.

Fiat money just gives them the leverage to steal more money faster than everyone else.

The game is rigged in thier favor.

[edit on 6-10-2008 by In nothing we trust]

i'm more in the camp that everything is priced to the take-home money of,
let's say 'Wall Street' people... while the vast majority of the population gets to survive on 1/10th that ammount.

autos, residential property, stocks, ...almost everything is priced more than 5X its actual value in relation to one's disposable income...
because the corporations that make or sell the goods & services
intend to have their top execs make bundles of outrageous bonuses & the profit margin is made way too high to begin with.


Watch, today, tomorrow, and the following days as the 'worth' of corporations on the stock exchange dis-inflate to a more reasonable valuation...
this is the beginning stages of 'lowering the bar', look for prices to finally lower to realistic levels, for example the high-speed internet that some of the major providers sell at ~$50 per month...is only worth $15---And the ISPs will discover that millions will refuse to continue at the rip-off prices that give the local monopoly outrageous profits and bonuses.

"Horray", for the start of the ratcheting down of the hyper-inflated costs of everything, in relation to average take home pay... like we all get paid like stock brokers--- the rip-off is getting stalled & the overpaid ar going to losing the most percentage wise
(but its still a case of easy-come-easy-go, for that class of pretend aristocrats)

reply to post by In nothing we trust


Agreed. But since the "immoral" inequality (ie the banking cabal's domination) is caused by their control of the money supply, the ultimate evil is unsound money.

Without fiat currency, they would have to limit their exploits to physical gains. They wouldn't be able to print money as they do today.

Printing money = immoral

Gaining money through trade or business = moral

one month, the government is borrowing tons of money.....to give us...so we'll spend it, since we were beginning to lose our lifeline -credit and we are not spending enough to keep the economy churning! then a few months later....they are taking $700 billion dollars or so from us....because of all the bad debt that we've run up!
how else can you interpret this?? the average american doesn't earn an income that enables him to fullfill his responsiblity as a consumer without running a deficit??

I think trickle down economics recieved an "F" this semester!

Originally posted by dawnstar
the average american doesn't earn an income that enables him to fullfill his responsiblity as a consumer without running a deficit??

America has forgotten how to innovate.

We just keep getting stupider every year.