Saturday, September 1, 2012


·                                 I’m a bit concerned about these Occupy Boston, Providence, etc. Could this be the beginning of a Communist movement? Spread the wealth! If they were smart enough to make it....and companies willing to pay them, what is wrong with that? Can someone enlighten me please.....?
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…
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.
o                                                        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

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