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Real Crash - by Howard

 
Hedge funds are gambling, while production is crashing. The real estate bubble is over, and going down. New York City is beautiful, that's why I take pictures of it, but it's the belly of the beast.

I'm Burning Up for your Love and Bailout- Madonna

February 21st 2008 15:20
Real Crash- Looking at Capitalism and its Laws:
Madonna- Burning Up for your Love
Madonna- Burning Up for your Love



You have to give me something that I do need;
My system's totally broke, must have more cash please;

If you believe in free enterprise dude;
I am the prince of gambling, now I am in the mood-
For Free Cash;;;

I'm burning up, burning up for your bailout;
I'm burning up, burning up for your bailout;
That's why I say- Michael Bloomberg's the Man;;
(spoof: Joe Banker Oligarch singing- Madonna's Burning Up!)

Here is some of my exchange with the Political Brief
Why do you believe so much in "free enterprise"? Isn't that just a license for these gamblers and criminals to be bailed out endlessly, and have the Fed Reserve hyperinflate the dollar?
Next stop is Bloomberg for Dictator campaign, whether you know it or not.

As far as I can tell the so-called "true conservative issues" are all fake issues." No one is going to outlaw abortion and send 40,000 cops to bust doctors, and stuff like that. The only real issue is can we reorganize the bankrupt financial system and issue national credit for new infrastructure. The Constitution, Alexander Hamilton's National Bank, FDR issuing credit for infrastructure projects through the RFC, gives us some ideas on how to do it and get things going. If Hillary were President, it could happen. In some conditions, Obama and even McCain could do it. If Bloomberg is President or VP, that means a clear commitment to global fascism.

However, my detractors beg to differ, saying things like: True Conservatism is very real. Pro-life, pro-democracy, following the Constitution as it was written, with all the rights initially given. True Conservatism believes in a Higher Power as did the Founding Fathers. It knows the difference between right and wrong and stands by what's right. It believes in limited government, low taxes, and individual freedom. True Conservatism believes that every person should have the OPPORTUNITY to succeed and advance. Not the government-given freebies that make people lazy, selfish and expensive to the working part of society. True Conservatives don't gripe endlessly about the position they find themselves in, but find workable solutions to problems that don't require huge tax increases or federal over-regulations. They are willing to fight and die for freedom and the right to live under reasonable laws of a reasonable society.

I answer that OPPORTUNITY means having national infrastructure projects for young men and women to learn skills and to advance our economy. Under rule by the "money people" we have very little opportunity other than young people getting jobs as useless paper pushers. LaRouche has shown how the guts of the US Economy, the automobile industry, the machine tool industry has been destroyed. So, why are the financiers of Rush Limbaugh, etc., having him rant about the welfare bums and all that? Why do they want to make people pay the full value for speculative fraudulent real estate and mortgages?

The key thing that Rush's sponsors are selling is, "you must bail out our global speculative bubble, no matter what." Much of this glorification of "free enterprise" and blaming everything on the "welfare bums" means in common English, "you must bail us out. Bankers and oligarchs are important, not the little people." These people and their system are bankrupt. They deserve a bankruptcy reorganization just like Enron did. That does not mean nationalizing banks, as it didn't in 1933. Although, you may have seen on my blog the story of the Brit's nationalization of Northern Rock, on the theme of "you must bail us out."

Hitler was backed by bankers on the theme of "you must bail us out" with bayonets. See my song, Cash, Cash Cash .

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Comments
5 Comments. [ Add A Comment ]

Comment by S.L.

February 21st 2008 21:33
Hi Howard. I don't recall myself (or Rush or anyone else, for that matter) saying that we have to bail anyone out. Conservatism isn't a bail-out scheme for big banks. Changing the infrastructure is also not something Conservatism is into. Infrastructure is molded and supported by true conservatism, not big money bail-outs or restructuring of a financial system. What FDR did was what he thought best for his time. The same strategy won't work now. The financial systems are too big for that.

Anyone who got in over their heads with the sub-prime cheat will have to find their own way out. It's sad, but true, Howard. Big government isn't ready, willing or able to follow Larouche or anyone else into a communist dictatorship. Your fear of fascism has clouded your vision, my friend, if you actually believe that Hillary can save us. Her socialist tendencies will not help. Obama and McCain can't do it, either. They (especially Hillary and Obama) have no understanding of the financial realities of the real world. McCain admits that he knows almost nothing about finances. Free market and freedom will find ways to deal with the difficulties long before the enforced dictates of communism can hope to clear things up.

Comment by Howard

February 22nd 2008 03:17
Sorry, S.L. but the deification of money, and selfishness is not good, whatever it is called.

Comment by S.L.

February 22nd 2008 03:30
Howard, unless you're a hippie from the 60's who didn't believe in money, or the resident of a communist country where money has no value, it's a necessity of life. You wouldn't have a home, or food, or electricity if not for the money to pay for them. Making a decent wage and being able to support yourself without government assistance is not the deification of money. It's living in the real world. The perfect communist Utopia doesn't exist, Howard. Making money is not a crime or a sin or wrong. It's the way we live. You can get a good education and make lots of money or you can forget the education and make a smaller income. In a free market and a free society, you can choose what you want to do and what education you want to have. The government doesn't create "make work" jobs like the TVA to keep you busy and poor while working your tail off. FDR's methods won't work these days. Government owned and operated "infrastructure" is nothing more than a pretty term for communism.

Comment by Howard

February 22nd 2008 03:59
TVAs are needed again, and government sponsored Maglev trains. The Rush Limbo Rock and co. group split into two factions on the ongoing economic collapse. One group says do nothing, don't bail it out, let the whole thing crash. That will lead to a total credit collapse, and the disintegration of the United States.
The other group says, basically, the money people are the successful people. The poor people (80-percent of the population) are the "losers." Therefore you must do what the financiers say, and bail them out, even though oil is at $100/barrel and hyperinflation will destroy the United States.

LaRouche and co-thinkers have a different idea. That is to have a bankruptcy reorganization, and have government decide to save what is necessary for the nation.

By the way, attacks on money (as God) and selfishness are key in the gospel of Jesus Christ and the Torah of Moses. I recommend St. Augustine of Hippo's "Confessions" on this subject.

Comment by S.L.

February 22nd 2008 11:37
Howard, I'm not talking about greed or putting money above all else. I'm talking about the fact that everything we do requires money. Surviving is not a crime, nor is prosperity. Neither Jesus nor St. Augustine ever suggested that people starve to death in the cold rather than have an income! If that were the case, their followers would have long since died off. Even priests and nuns take a vow of "poverty, chastity and obedience" or they used to. They are not expected to go without the necessities that money buys. They are allowed to have food and shelter, Howard. Not everyone can join the religious life and have the church support their needs. (By the way, even churches require money.)

As for the government supporting TVA-style, make work projects, where do you think the money would come from? It would come from those taxpayers who earn it! Every cent the government has comes from the taxes of people who are employed. What do you think would happen if we all decided to forsake money and wait for the government to support us?

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