General Discussion
In reply to the discussion: There is no meritocracy: It’s just the 1 percent, and the game is rigged [View all]polynomial
(750 posts)Through the years it had been revealing with obvious profiteering with all the intentions to swindle the public. As many here in this blog have characterized, the Bush administration has been more than a political aberration, what went on during those years as war crimes, economic crime wildly with mercenaries without regret. An incredible time for history suggests those countries that play that game only suffer in rebellion.
My perception is President Obama does not want to be blamed for any down turn. Knowing, the one percenters, would with malice and fore thought destroy American prestige, as exampled by the America's governance and policymaking Congress in what they did for our credit rating. To be able to have that confidence complicit with Wall St showed the punishment they could deliver. Also this new trade agreement is flushing out world complicity that is a moment that will unbalance all economies. If there was a real free market there would be no need of a trade agreement. Put tariffs where and when needed.
Our judicial and financial Institutions ostentatiously in dressed up theater with open arrogance in the help of mainstream media and the Congress displayed to America what can be considered greed and pedantry in the best of the excessive power the one percent has.
The moment is descending into a state that can see saw either way into the narrow power of a few financial CEOs or through creative banking that can develop a reverse mortgage concept of a different kind that is the advantage to the tax payer where it should be. How much does it take to realize it is John Doe at the kitchen table; that economy that makes the billionaires more money besides giving to a stable economy.