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Old 10-06-2011, 09:05 AM   #74
valo403
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Quote:
Originally Posted by Mr.Coffee View Post
so true, he pretty much hits the nail on the head particularly when he touches on American propaganda and control of the media (aka CNN, Fox, whatever else they claim is news).

And jpold, the people you work with might not be the same people that have caused America's issues, but rest assured they are similar. The financial industry, banks, the greed, it's all exactly what is wrong with the world today and the reason for this recession. There is no solution now. I know you might not want to believe it because you're probably a good, honest guy and you chose that career path but how can you deny the fact that the financial sector has basically doomed America?

If America was honest with itself and stood true to its "ideology", there would be no bailouts (social assistance, communism, etc etc), and all these companies would have gone bankrupt and I do wonder what the world would be like today if the US let nature run its course back in 2008.

Just way too many issues to resolve. If you read up on the history that caused French revolution there are some similarities... one almost wonders how the US gets out of this mess without a massive revolution (not necessarily a violent one) that completely changes its government, financial systems, everything.

^also i'd just like to add that should things continue the way they have been whereby income disparity continues to grow, than the masses will be inevitably large enough that some kind of enormous national overhaul will be virtually guaranteed. You cannot take all the money from the middle class, force millions of people into poverty and then sit on your pile of money. It isn't going to work.
We would be well and truly f'd. Completely. People act like only the banks benefited from those bailouts, when the reality is that there was such a lack of liquidity in the market that employers of millions would have been unable to make payroll.
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