Here are my fastest responses to what the fanatic right wing has done to us. I am answering the question that my friend Tony asked on Face Book.
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Marc W. Kohler Tony, it's easy. The financial crisis was started years ago, when the Federal Reserve was created. In 1999, the repeal of Glass–Steagall Act - made the wall between investment and saving banks disappear... We forget the FDR, in order to get Glass-Stengall passed; the banking industry insisted that thousands of acres of urban real estate could NEVER have a homeowner mortgage. . The areas were created by drawing red lines around them with a red pen. This is now called "red-lining". This made EVERY house within red lined area could be sold for CASH only. The homes were depreciated in the hundreds of thousands of dollars, and a whole new class of absentee lord lords became one of the most import social forces in America ’s fiscal policy. They could be sold for CASH ONLY. A whole new class of American absentee landlords was crated. The massive depreciation of these red-lined areas caused a second depression--one that was allowed to run until red-lining was outlawed in the 1970s, but by then, it was much too late. Every city in America had thousands of worthless acres that became slums due to the lack of even the possibility of personal ownership of the houses in those neighborhoods. When section 8 housing came along to "solve" the problem, did not. In fact, about then years ago Former Governor Philip Noel called Section 8 housing laws gave him the feeling of "laughing all the Way to the Bank". Section 8 gave the landlord 3 times what the poor could afford--mostly welfare--so deferral and state money made millionaires out of many, many Rhode Islanders. They and their children now live in East Greenwich, Little Compton, Barrington , and other rich neighbors. Medicare, farm subsidies, welfare, the FDA, the Federal military, Oil Industry policies. Social Security has created millionaires every step along the way—that was a NECESSARY cost of created ANY social improvement in America . One of the most well known samples of this was the Presidential Candidate Ross Perot—a man who made million and millions of dollars automating and printing Social Security checks. I do say, thank God for him, for without him, the Republican juggernaut started with Eisenhower. Enhanced by Reagan, and culminating in the war deficit mad George Bush 43. See next post fro details as to home the current crisis was both the goal and the conclusion of this history—only now was have reached the point, that changing it is most likely pointless—that the Occupy movement, Tony, is too littler, and much to late. The trillionaires do not need people or citizens, and even the very concept of a nation state called the United Sates of America. The world will grow into consumers that will leave Americans insignificant to the creation of greater profits. If you invested in the original Greek Bonds a year ago, you were guaranteed an 18% return. The next round of bonds will pay more and guarantee the end of the nation of Greece as violence takes over social civility. I will post more next, but know that trillionaires can buy better armies and militias and than any nation can at this time. But, wait, more to come…
Yesterday at 3:10pm ·
Joe DeLemos it seems to me they are "occupying" the wrong street. Government forces banks to lend to people who can’t pay back. They regulate and tax companies out of the country. Then blame everything on businesses. These people if they had half a brain should occupy Pennsylvania Ave not Wall St
Kenneth Watkinson Complicated problems will not be solved with simple solutions. End of cold war brought 2 billion people competing (Chinese) 2 tax cuts, 2 wars, equals deficits. Now greedy lobbyists drug companies. Look at your pay. Doesn’t it suck? I think its 4% of people own 60% wealth in this country. Some do it honestly. Not all. Do you think its fair for the elec company to own the Gas co? Is that fair? If you cook the lobster slow after a while he doesn't know he's being cooked.
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Marc W. Kohler So, here is part two. First, to suggest that minimum wage laws sent jobs overseas is silly—no matter what has happened here, slaves will always be cheaper over seas. We don’t have too many slaves, but without regulation we have a lot fewer than we would have, and now that the economic basis for the world is trillionaires who owe no allegiance to any country. So, for Tony and the rest, I shall continue from my previous post. I have brought you through the consequences of the caste system started in the USA after the Depression. Yes, there was always rich and poor, but after the depression, FDR took the Progressive Platform of his cousins, Theodore Roosevelt. For that, you can go tohttp://www.pbs.org/wgbh/amex/presidents/26_t_roosevelt/psources/ps_trprogress.html.People call the Progressive Party, The Bull Moose Party. Theodore Roosevelt never really called the party that that. He was shot on October 13, 1912. Reports say that in the speech that night, people claim he said he survived because he must be “strong as bull moose.” That’s not true. Other people say he told a reporter that after he got out of the hospital, as an answer to a reporters question. That’s not true, either. The election was held 18 days after the shooting. So, the term Bull Moose came AFTER TR lost. TR NEVER dreamed that the name of the American Progressive Party would be the Bull Moose Party (which is what it did come to be known—lasting until about 1916. “Bull Moose” was really a term turned to destroy the Progressive movement and ridicule it. If you read their platform, you will find not only the seeds, but the roots and trunk of what America should be, could be, and would be if JFK, RFK and MLJ had not been murdered. Why do conservatives want Reagan on the dime instead of FDR is because they HATED him then. They HATE him now. And they will not be happy until everything TR, FDR, Truman, JFK tried to create are completely extinguished from the American horizon. We have stood by in silence while there campaign has. Think about how this hate war started. On the morning that Eisenhower was inaugurated, he and Mamie refused to get out of the limo to have tea with Bess and Harry. This had never happened in the history of the country. Harry could have just sat there waiting in Whitehouse…the insult (probably created by Allen Dulles or his brother John Foster Dulles). This will lead to Credit Default Swap Bonds in 1999, and that transferred trillions of dollars out of our economy. To understand the next post, it would be good for to you read the Credit
Credit Default Swaps: The Next Crisis?
By JANET MORRISSEY
TIME MAGAZINE Monday, Mar. 17, 2008
Credit Default Swaps: The Next Crisis?
By JANET MORRISSEY
TIME MAGAZINE Monday, Mar. 17, 2008
Joe DeLemos Want to see the future USA under "progressiveness" ? Look at what's happening in Europe . Too much government = High unemployment, high spending, high taxes, high deficits and much more. Coming soon to your country.
Steve Annarummo David Ferro.... today, sharing the wealth has taken on a completely new meaning than what Jesus implied. Now it is all about entitlements and being lazy. I am all for helping the poor, but there are too many who don't want to work and want to continue to receive free benefits for the rest of their lives. And this is wrong. Besides, I want to be able to give to the charities that I want too, not having the government continually picking my pockets and than doing what they will.
Marc W. Kohler Again, you miss the point. The largest charities in the USA are the military, corporation tax loopholes, Section 8 housing for landlords, School funding fro sham schools that recruit the homeless, and most federal and state aid programs. They are all cons to make the rich richer. Last week, the State Treasurer for Rhode Island , Ms. Raimondo stated that the most the average American has in savings or IRA is $100,000. The Providence Journal checked that out in its Politalfact column, and found that to be true. That means the vast majority of Americans ARE poor. $100,000 is not enough money to even hire a financial adviser. I know that from experience. Look, the, yes, Congress writes these laws, but the rich own the Congress just as they own every state legislature, and my third post will explain this better. If you are a normal American, and you have less than $100,000 saved, you are poor.
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Marc W. Kohler There never has been big government in America . There has always been big business and the military taking all that hey can get away with. Eisenhower never spoke once to any of the people who worked n the White during his term. Not a door opener, not a room cleaner, no one. He was the ice President, and his administration was run by men who admired Hitler's form of government--a government of the rich, for the rich and by the rich. Check how many millions American corporations made during the war doing business with German corporations. Prescott Buss, George 43'd father, was indicated as a traitor because he and Averill Harrelman (Spelling?) ran a German bank affiliate in the USA . One of the first things that Eisenhower’s secret police director, Allen Dulles, got the courts to give BACK all the fines and penalties that Prescott had had to ay to avoid prison. Bush 43 joined the CIA and the Air force on the day his dad was indicted. The system that they liked linked military and industrial wealth with the ruling politicians. Remember that, at the end of the eight years he was President, Eisenhower stated clearly that there were threats to our safety in the future: Communism, and what he called in has own words: The industrial military complex which will effect every city, town, and street n America." Funny, that has been ignored. Oh, I still have not gotten to my third post answering Tony's question, but it will be here soon.
Steve Annarummo Is there any way you can condense what you have stated and give it to us in a nutshell. What exactly do you believe...please try to keep it short. I am interested in your analysis.
Marc W. Kohler I'll try. When the end of monarchies happened, European society needed a new model. Each for Royal country found different ways of creating new forms. Switzerland found demonolatry with a hidden banking system that was available to all comers--lots of ex-Nazis. France had lots of trouble, and it was not until Detaille that it learned to form a balance between king and votes. The rich in America adored Hitler's system. It was a system where business and politics combined t produce vast materials while only s tiny few truly benefitted. Henry Ford took it a step forward, and wrote about The Jewish Problem. When Allen Dulles returned from Germany , he brought with him 10,000 officers of Hitler (John Loftus: Secret War against the Jews). The 10,000 were organized into what became the Ethnic Wing of the Republican Parry. This group organized the John Birch Society. The new Mercury Magazine and a vast number of racist and fascist dogmas. America rejected their plans. George Lincoln Rockwell was killed by one of his own Nazi member. William F. Buckley who had met with Rockwell several times was the public spearhead of this movement. The problem for them was a parochial view of party and state in America . They needed one thing to break that confusion. When John Kennedy decided to NOT provide air cover for Bay of Pigs , his fate was sealed. When Nixon wanted to contest the Hawaii delegation electoral votes, Dulles told him not to worry, something would be done. On Nov, 22, 1963, Nixon was at a "conference" and lodged at a local hotel n Dallas . From that day onward, Nixon uses "That Bay of Pigs thing" in the tapes to specifically refer to the JJFK assassination. The missing 17 minutes told what he knew. So, with the deaths of JFK, RFK, MLK, and the wounding (attempted assassination) of Governor Wallace sealed victory for Nixon and the Dulles founded groups within in the CIA. Word,
Marc W. Kohler Since that time, the big money, the greed and the murderous style of right wing professionals as multiplied as hundred fold. Creating Credit Default Swap Bonds gave them a chance to make $30 for every $1 they invested in bonds backed by assists which THEY KNEW WERE GOING TO GO bad. Again look at Morrissey's article in the Time March 2008 issue. Oh, the last piece of the fascist America was the realization that it can only succeed in with a population irrationally committed to religion. That is why, today, Pat Robertson commands over 35 millions votes. The nutshell is that they won, no one knows about it. They are keeping it a secret. Obama will probably not serve out his second term alive. Rich people do not need countries anymore. There are billions and billions of dollars to be made through a world based solely on money.
Marc W. Kohler That's wild, but that's it for now. Thanks for asking.