Originally posted by NavyDoc
reply to post by Thepump
I love it how you go into personal attacks, but okay. The high wage earners crashed the economy? Not a government insisted that everyone had a home
loan, even if they could not pay for it? Not Fanny and Freddie?
You are repeating a distortion just like the video points out. The banks crashed the economy by over leveraging, selling and insuring junk derivative
products to investors all over the globe.
You are really gonna blame people trying to buys homes?
In case you didn't know Dr., people who fail to pay their mortgage lose their homes and their down payment
which protects banks from the "risk" they are assuming.
The logic you are trying apply is half baked at best.
My family bought and paid for three homes under the same kind of mortgage system prior to this crash, at least
ten of my friends bought homes via Fannie and Freddie.
Not a government that regulates everything to death?
The government was regulating the Goddamned system for decades prior, what are you talking about?
You wanna know why you are getting attitude?
Because it pisses me off that a smart person like you would ignore the fact that tens of millions of people
have homes that used the same system just fine, no crash, no problems.
The government is supposed to work for us and helping AMERICANS buy homes is not a bad thing,
not everyone has a high paying job. A responsive government is not the problem... Next, the politicians
who re jiggered the system did it in the name of trying to halt " a government that regulates everything
Not massive entitlement programs used to buy votes that create record levels of debt to pay for? None of that? Just the greed of Steve Jobs, Stephen
King, and the orthodontist down the street--the evil 1%? Nothing else?
The entitlement programs did not crash the economy
Quick Deflect! (AGAIN)
Does any of this sound familiar?
According to the political theory of Marxism-Leninism of the early 20th century, the kulaks were class enemies of the poorer peasants. Vladimir
Lenin described them as "bloodsuckers, vampires, plunderers of the people and profiteers, who batten on famine.” Marxism-Leninism had intended a
revolution to liberate poor peasants and farm laborers alongside the proletariat (urban and industrial workers).
DefinitionsAccording to the Soviet terminology, the peasants were divided into three broad categories: bednyaks, or poor peasants; serednyaks, or
mid-income peasants; and kulaks, the higher-income farmers who had larger farms than most Russian peasants
In May 1929, the Sovnarkom issued a decree that formalised the notion of "kulak household" (кулацкое хозяйство). Any of the
following defined a kulak:
use of hired labor
ownership of a mill, a creamery (маслобойня, butter-making rig), other processing equipment, or a complex machine with a mechanical motor
systematic renting out of agricultural equipment or facilities
involvement in trade, money-lending, commercial brokerage, or "other sources of non-labor income".
By the last item, any peasant who sold his surplus goods on the market could be automatically classified as a kulak. In 1930 this list was extended to
include those who were renting industrial plants, e.g., sawmills, or who rented land to other farmers. Grigory Zinoviev, a well-known Soviet
politician, said in 1924, "We are fond of describing any peasant who has enough to eat as a 'kulak'." At the same time, the ispolkoms (executive
committees of local Soviets) of republics, oblasts, and krais were given rights to add other criteria for defining kulaks, depending on local
You've been duped, my friend, and TPTB are quite happy.
Communism is dead, don't be a fool -
It is bizarre that you believe pointing out greed and corruption is a communistic act.
Unfortunately TPTB are RICH and they ARE bloodsuckers.
Between Ed Asner, You and I, YOU are the only person who has resorted to distortion and propaganda.
This is not Russia, but you state is is to protect TPTB and your own interests -
Ask yourself with a small portion of integrity,
"Do you the TPTB want to be taxed more?"
"Do you really think public employees constitute TPTB?"