Monday, November 26, 2012

WHO BENEFITED FROM THE LOOTING...?

THE MEDIA IS FULL OF TALK OF CUTS TO ENTITLEMENTS...

BUT THIS IS ESSENTIALLY BLAMING ORDINARY PEOPLE FOR THE ACTIONS OF WALL STREET...AND ITS ENABLERS AT THE FED...!

IT IS THE RICH WHO PROSPERED DURING THE RAYGUN LOOTING YEARS...ALAS NOW ENDED WITH SONNY BUSH'S DEPRESSION IN 2008...?

NOT ORDINARY WORKING PEOPLE...RATHER THE RICH BENEFITED...!

IN FACT THE AMERICAN ELITE OFF SHORED THE US ECONOMY WITH THEIR GAINS DURING THE SERIAL BUBBLES...

ADDITIONALLY THE ECONOMY WAS "RUN" FOR THE RICH... BUBBLES WERE CONSIDERED ESSENTIAL AND WE HAD MANY ASSET BUBBLES WHICH HID THE REAL DAMAGE THAT INTERNATIONAL CAPITAL WAS DOING TO THE REAL US ECONOMY...

NOW SUDDENLY...ITS THE NASTY WORKING CLASS THAT IS TAKING THE BLAME...FOR RELYING ON "ENTITLEMENTS".,...!

BUT THOSE ENTITLEMENTS WERE PASSED AND FINANCED BY THE SERIAL BUBBLES THAT THE ELITE AND THE FED WHERE COOKING UP FOR AT LEAST 20 YEARS...!

THE WORKING CLASS IS POORER THAN EVER...!  YET THE MEDIA AND REPUBLICANS MADE IT SOUND LIKE ORDINARY PEOPLE WHERE BEHIND THE RECENT COLLAPSE BECAUSE OF THEIR LAZINESS...AND CONSTANT DEMAND FOR MORE "ENTITLEMENTS" ...OR "FREE STUFF" FROM THE GOVERNMENT...

THE ONLY FREE STUFF WAS GIVEN TO THE INTERNATIONAL CAPITAL ELITES BY THE FED...WHO SET UP THE SERIAL BUBBLES UNTIL THE FINAL COLLAPSE IN 2008...

ITS INTERNATIONAL CAPITAL THAT SHOULD TAKE THE HIT FOR THE RECENT COLLAPSE...NOT ORDINARY PEOPLE WHO HAVE BEEN IGNORED BY WASHINGTON AND THE FED FOR DECADES...!