The Mudcat Café TM
Thread #147249   Message #3411834
Posted By: Little Hawk
29-Sep-12 - 03:34 PM
Thread Name: BS: Canucks... Trudeau?
Subject: RE: BS: Canucks... Trudeau?
You can't be serious. ;-) It's not an indictment of rich people for being rich that we're talking about here. It's the fact that the political process has been taken over by corporate lobbyists and big banks, and they are in control of the major political parties, Congress, the presidency, the whole shebang.

And it's been happening for a long time...but it's been getting a lot worse and more obvious since the Reagan years in the USA, when the banking and lending sector was de-regulated in such a way as to allow them to create unbelievable amounts of phony money through what amounted to a Ponzi scheme.

And it's still happening. The crooks who did it have been bailed out repeatedly. They didn't use the bailout money to create jobs for the ordinary public in North America, though. They used it to do more lending offshore, because they can earn big bucks on the interest they charge to countries like Brazil, for example.

It isn't class warfare on the basis that "all rich people are bad". It's class warfare on the basis that a few of the rich people, namely those who control the biggest banks and biggest corporations, are controlling the political process in order to benefit themselves, and themselves only.

The policies that result from this control do somewhat benefit all rich people in various ways, but they weren't put there by the will of all the rich people. These same policies have essentially turned the various national currencies into something a lot like Monopoly money. That's what happens when your run a pyramid scheme.

The politicians are so terrified by what might happen if the bubble finally burst that they keep bailing out the crooks who did it in order to keep it inflated just a little bit longer....

That's class warfare BY a very few rich people against the whole rest of society. That's what it amounts to. The rest of society just wants to be left alone...but this system is not leaving them alone, it's systemically robbing them and their children of their future security.

When something like this occurred in France in the late 1700s, it finally resulted in a bloody revolution...one in which ALL rich people got blamed and punished for the situation, although all of them were certainly not guilty of having had any wrongful intention...and some of them were undoubtedly quite innocent people.

(What happened in France that finally made the revolution inevitable was that the price of food (bread) doubled almost overnight. Poor people began starving because they could no longer afford to feed themselves. Mobs took to the streets in Paris, and the monarchy fell.) The kind of desperation that brought down the French government was, I think, somewhat comparable to the kind of desperation that is being seen in the Middle East at present. It's what happens when a huge and frustrated underclass simply cannot take an oppressive situation any longer.

What's different in the Middle East, though, is that foreign powers are deliberately helping to provoke social unrest there and are supplying arms and aid to various of the revolutionaries. That wasn't the case at all in the France of the 1700s. All of Europe feared and opposed the French Revolution.