USA goes Communist

[B00Mer]

USA goes Communist

The American government engaged in the largest-ever public-private transfer of wealth this last week, handing out billions of dollars to a handful of failing lending and banking corporations, and propping up several others by essentially nationalizing them, buying up the majority of their stock to make the US government the primary shareholder.

It's all part of a severe and dramatic financial crisis that is gripping the United States and Wall Street at the moment. Major financial corporations are failing, which under a capitalist system is unfortunate, but should be allowed to occur. But because these companies are so huge, and so many individual interests, careers, are threatened by their meltdown, the American government has to resort to what are basically socialist solutions in order to alleviate the pains. I'm not saying it's necessarily a bad or good thing, but it does beg a lot of questions about how sustainable a major capitalist economy is in the modern era.

Check out the useful and highly informative site below if you find all this as confusing as I do.

http://hubpages.com/hub/A-Simple-Explanation-of-The-Subprime-Financial-Crisis-Part-1

 

[Praxius]

The funny thing was that when I was watching the reports on this whole situation, the US reporters were simply saying that now the government owns a hell of a lot now..... at the tax payer's expense...... Communism was the first thing that crossed my mind... either that or dictatorship..... whichever.

 

[earth_as_one]

Americans will pay hundreds of billions for what is essentially a lot of worthless crap. I expect the US dollar to crash now as the US treasury cranks up the money printers. Good time to buy gold.

 

[L Gilbert]

Gotta love corporate welfare. :roll:

 

[Praxius]

Americans will pay hundreds of billions for what is essentially a lot of worthless crap. I expect the US dollar to crash now as the US treasury cranks up the money printers. Good time to buy gold.

Well the stocks today on the news I am currently watching, dropped pretty badly, while the oil skyrocketed..... so I don't believe this is going to help. They also commented on the fact that tax dollars went to bail out the big wigs who raped their companies for milti-billion dollar saleries, while leaving those greatly affect hung out to dry.

I guess Congress is in the process to figure out wtf just happened.

 

[darkbeaver]

Congress already knows what happened, they all know better than to mess with Paulson and Wall Street, London ext; West. The US congress must be considered the worlds most useless government body, everyone of them is bought and paid for. However it ain't communism but it is organized crime on the grandest scale imaginable. It's imperialism the highest form of capitalism.
Lots of people are afraid to say that, let alone think it, now it is real and plain and still they don't want to admit the system is corrupt to the core.

 

[Praxius]

Congress already knows what happened, they all know better than to mess with Paulson and Wall Street, London ext; West. The US congress must be considered the worlds most useless government body, everyone of them is bought and paid for. However it ain't communism but it is organized crime on the grandest scale imaginable. It's imperialism the highest form of capitalism.
Lots of people are afraid to say that, let alone think it, now it is real and plain and still they don't want to admit the system is corrupt to the core.

Which is why I created my New Democracy Plan a few years back which abolishes capitalism/currency as we now know it.

 

[darkbeaver]

Which is why I created my New Democracy Plan a few years back which abolishes capitalism/currency as we now know it.

I note you have not enacted your new plan for the world. Are you strapped for start-up capital?

Call this number 666-6969
Steep Mountain Savings and Loan
a D B Eaver& Assoc; Company

 

[Machjo]

'Communism' and 'socialism' are emotionally charged words in US politics. In Canada, if you say you support socialism, or communism, people who disagree (a few fringe elements aside) are not likely to become excessively emotional about it and are more likely to try to come up with logical arguments against communism or socialism, and perhaps even give credit where credit is due in praising some socialist or communist ideas on rational grounds.

In the US, on the other hand, even a communit would at most call himself a social democrat, and a social democrat is likely to refer to himself as a reform liberal. They'd be too scared to say the word, except for the most hardcore among them, for fear of being labelled traitors to the nation, commie bastards, stalinists (even if they're moderates opposed to Stalin), it's just too sacriligious a word.

So no matter how far socialist the republican party swings in its economic policies, it could never use the S word, and would deny it wholehartedly and use different words just to avoid the stigma that goes with these words. So while in Canada, we would unemotionally say that, by definition, the policy is socialist, in the US they can't do that.

 

[Risus]

Maybe this is the yankees way of buddying up to the russians....

 

[darkbeaver]

'Communism' and 'socialism' are emotionally charged words in US politics. In Canada, if you say you support socialism, or communism, people who disagree (a few fringe elements aside) are not likely to become excessively emotional about it and are more likely to try to come up with logical arguments against communism or socialism, and perhaps even give credit where credit is due in praising some socialist or communist ideas on rational grounds.

In the US, on the other hand, even a communit would at most call himself a social democrat, and a social democrat is likely to refer to himself as a reform liberal. They'd be too scared to say the word, except for the most hardcore among them, for fear of being labelled traitors to the nation, commie bastards, stalinists (even if they're moderates opposed to Stalin), it's just too sacriligious a word.

So no matter how far socialist the republican party swings in its economic policies, it could never use the S word, and would deny it wholehartedly and use different words just to avoid the stigma that goes with these words. So while in Canada, we would unemotionally say that, by definition, the policy is socialist, in the US they can't do that.

That's some conditioning what. Fifty years of comic books TV and ****ty movies and commies in every closet alerts to eliminate the meaning of the words from the American vocabulary. If only they realized that quilting bees and barn building picnics are the hated socialist ideology.

 

[AL67]

I think Fascism is the proper term.

 

[darkbeaver]

Fascism is the proper term for sure or corporatism.

 

[gopher]

"The American government engaged in the largest-ever public-private transfer of wealth this last week"


Corporate communism at its worse. Yet, USA Republicans on other web forums continue to blame Democrats!

 

[Ron in Regina]

The USA is starting to sound a bit like Saskatchewan. SaskPower, SaskEnergy,
SaskTel, SGI (=Saskatchewan Government Insurance), and so on and so forth....
Saskatchewan is the birthplace of socialized health care (very much like Cuba).
Just an observation. More socialist than communist.