Banks got bailed out, you were sold out, now congress & the senate are owned by the highest corporate bidders that control lobbyists in Washington DC.
Investing & speculative gambling on world markets are not a primary wealth input. Primary energy inputs to society create wealth. Without energy we cannot make or ship food. Without food people cannot do anything. Without water there is no life. So we need food and water for all people for any kind of economy to function.
Banks are derivative industry that make money with other peoples money, just like wealthy people do, but in a corporate system that is non living and subject to change and regulatory overusing by government agencies like the SEC which perplexingly lifting the restrictions on banks investing into CDO's and leverage backed securities in a bewildering 2004 decision that reeks of briber and corruption.
When banking executives drove the largest banks bankrupt by investing in junk CDO's with other peoples money, they got billions in bailouts while people in other countries negatively affective put their corporate leaders and legislators in prison for betraying the public good or the economy of those counties, like Iceland where 80% of the stock market disappeared overnight.
I am reminding of fiat curries failing in every country that ever tried using them as monetary system and the USD is not the best, greatest, first or last Fiat currency to fail, it just has a lot of entrenched market lock-in style inertia keeping it around like the SEGA corporation even though such is not a mainstream gaming company anymore. Big entrenched players like Qualcomm, AT&T, Verizon, Amazon, Microsoft or Google and the parent company Alphabet Inc. these huge companies are bigger than the economies of some medium sized countries entire economies.
Transnational oil companies, and big energy companies that have utility customs by the wallet in public private energy monopolies like the evil PSE locally that overcharged for electricity while failing to bury power lines so the tree branches cannot knock out the power during winter storms, since overhead wires interacting with storm blown tree branches are major reason for power outages that kill people who require a CPAP machine to breathe while sleeping. Its no ones fault that this people are so unfit and obese that need to blow air into their face so they can breathe while sleeping, but its still evil to allow tree branches to knock power while PSE pays their executive obtuse out of balance large incomes using money people are forced to pay PSE for electricity and natural gas. With utility companies there is no free market, they have a captive market. That means you have no choice who you buy your electricity or natural gas from.
That's anti capitalistic. So the same selfish narcissistic pricks who claim to want freedom of choice and unregulated capitalism, fail to embrace a free energy market where utility customers would have options about who they buy their household or business electricity or natural gas from. Did I mention that I hate government and hate taxes.
Made in China
There are lot of people nearby that were also made in China, like most of the items sold on Ebay and Amazon.com. Why is China that world manufacturing hub if its being operated by a CCP of hedonistic evil despots who are godless heathens doomed to hell for ruining Honk Kong and worse. Trading with China was the best or worst example of how to Flush the American Economy down the global toilet.
Betraying any moment of bordom with endless internet stimulation of any kind for everyone, literally something for everyone. The internet has more in common with our brain than anything else, its a network of networks, just as the brain is networking system of networks neuron systems, such that peoples minds connection in increasingly novel ways online, but this and many other factors causes social decay and a loss of social connectivity between real people in the real world. Thus there are more lonely people now as AMERICA has doubled down 3 generations deep on profound obsessively individualism or what other academics call Hyper Individualism.
When Donald Trump says he wants to make America great again, he is talking about the America of the 1960's long before we started trading with China. He is talking about the best time in American history when Americans purchased reasonably priced homes with appliances also made in America by other Americans. The internet and computers were invented in America. The automobile was invented and made populate in America. Americas a space race innovator and nuclear weapons innovator. America was the wealthiest, brightest, safest, nicest, best country in the world in the 1960's before the perverts and weirdos told the USD or United States Dollar off the Gold Standard in 1964 at Brenton Woods. There is a book called
that covers this is great detail.
No comments:
Post a Comment