The corporatists have used the same model that was used to destroy Greece. The similarities are striking.
A summary of the Greek crisis and people's attitude
Contrary to what you may believe, Greece is quite a wealthy country, considering it's wealth (private+state assets over 2 trillion euros) and low
population (11 million). However, since the aftermath of WW2, it is also a country which has been exclusively controlled by the west, through puppet
He means controlled by the United States Corporatists.
These puppet governments, and especially those who reigned from 1981 to 1993, took the debt from 25% and skyrocketed it to 115% relative to the
GDP. They also de-industrialized the country, enlarged the public sector and generally cultivated a culture of corruption.
However, the main problem was the huge debt. Also worthy of mention was the looting of pension funds - insuring that the state will have the pay
for this missing money in the future (cost: hundreds of billions of euros). Looting of the pension funds took place in the 80s, 90s and 2000s through
various forms like forcing the pension funds to deposit their money with 0% interest (!) when inflation was running at 20-25% rates, buying stocks
when the stock market was at high levels (consequently losing a lot of money), toxic bonds etc.
Huge debt. Looting of pension funds. The US owes a massive chunk of its National Debt to itself because they have looted pension funds. More
In the 90s, the puppet governments started privatizing state wealth either wholly or through the stock market. This includes most prior state
monopolies like banks, the telco, the energy company, water companies, gambling company / casinos, refineries, gold mines, postal service, airways,
Unlike Europeans,you Americans seem to cheer for privatization and lose of public utilities. Most anyway. Cheering for loss of public assets is akin
to cheering for your own demise. You will see.....
the enlargement of the public sector was blamed as THE cause of the economic failure and thus the solution was presented in the form of
government shrinking. While government size was a very large problem due to their expenses, it was not the non productive office employees who got
sacked, it was the profitable state companies which were privatized by using this social consensus. And thus the government had even less income to
pay the ever increasing number of public sector employees .
Incompetence? Or design?
Anyway, the debt situation was further escalated by the reduction of corporate taxes (it led to over 40 bn euros in losses these last 10 years)
and the non-utilization of natural resources like oil, gas, precious metals, industrial metals etc which are worth hundreds of billions of
Now what do the American Corporatists offer as a solution? Lowering the Corporate Tax Rate. Are these 'job creators' freaking serious? Many Americans
seem to agree with them.
And does the United States make use of its natural resources to steady the ship? No. Hmm....
These assets would ensure positive budgets (and debt repayment) however, the governments, being controlled from the globalists, did not touch
those assets so as to be used for later - when increased debt is accrued and becomes non-viable. Then, these assets can be used as "repayment". It's
an economic slavery condition.
Another thing that Greeks share with the people of the United States.
Most Greeks do not understand this whole picture.
I think more Greeks understand what has happened than americans. I know people are busy and you have the capitalist MSM telling you lies but still. Is
it that hard?
Now the United States is a mess. It is the fault of the American people? It is pathetic that so few of us seem to have any sympathy for the Greeks.
Its pretty obvious the people in the United States will be in the same situation as Greece. The 'International Community' will turn on the american
people. International media will have a field day. They call the Greeks lazy, imagine what will be said about the people of the United States. The
media will talk about them as if they are a nation of ignorant, obese, egocentric, moochers that have been living the high life at the expense of the
rest of us for years. Now that will not be entirely fair. It is not the fault of the American people. The american people have been shafted just like
So, it might be an idea to not lower the 'cororate tax rate'. Instead of Americans blaming themselves, maybe they should blame the right people.
Instead of us all turning on the american people, maybe we should blame the right people.
Austerity for the people and lowered 'corporate tax' are not solutions. It is about time we all stopped nodding our heads at corporatists and started
thinking for ourselves. The corporatists are not our friends. The corporatists do not know best. We can find our own solutions and solve the problems
that these 'job creators' have created.
edit on 10-6-2012 by Germanicus because: (no reason given)