A Dog Starved at His Masters Gate

[McCamy Taylor]

Predicts the ruin of the state”

William Blake

First, if you do not believe that the banksters engineered the 2008 recession, stop right here. You will not believe anything I am about to write.

On the other hand, if you are open to the idea that some rich folks believe that a manufactured recession provides a great opportunity to make more money, keep reading. And while you are at, remind yourself that Trump prayed for the last recession so he could snatch up real estate for a song.

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What will the GOP tax cut accomplish ( besides enrich GOP campaign coffers) for the US economy? It will plunge more Americans into medical poverty as they lose insurance. It will increase wealth disparity. It will lead to a run on Social Security and Medicare in order to fund the federal government. It will remove incentives for teachers, doctors and social workers to work in underserved areas. It will create more uneducated, underemployed workers. And poor and sick workers are desperate workers who are more likely to fall for fascism’s message that goes “You are sick and poor because (insert minority group) stole your birthright.”

By the way, did you notice that Trump was discussing the looming 2008 recession in 2006? The man is no rocket scientist. How did he know two years in advance that a recession was coming? Answer: economists predicted it. All the signs were there.

All the signs are here again, with one added twist. This time, our government is being controlled by a foreign power (Russia) that has nothing to lose and much to gain by a full blown Great Depression.

The Tax bill is a direct attack on the US economy. It is the Bush tax cuts on steroids. And Trump has indicated that he plans to do away with financial regulations,so there will be nothing to stop the banksters from doing it again...

You do not need a crystal ball to know where this is heading.

[Moral Compass]

1. This is spot on

This is exactly what is going on.

This tax bill will create a spurt of growth followed by a depression.

There are too many goods and services being produced and too little demand now. Throw this tax bill on the fire and we’ll see a deflationary spiral start.

This time it will be difficult if not impossible to stop.

[Bradshaw3]

2. You are right a crystal ball is not necessary

We've seen the Kansas catastrophe. Ryan said they want to rip apart the social safety net. And two years from now when the deficit is blown up, our overlords will be using it as an excuse to do just that. Meanwhile they will be making more money off the misery they have created.