New posts

PSA - Corporate Socialism is Out

March 25, 2020, 8:57 p.m.
Posts: 11969
Joined: June 4, 2008

https://medium.com/incerto/corporate-socialism-the-government-is-bailing-out-investors-managers-not-you-3b31a67bff4a

March 25, 2020, 11:54 p.m.
Posts: 3834
Joined: May 23, 2006

Democratic leaders acceding to a Mnuchin managed slush fund reveal themselves to be too tired and spineless to be entrusted with power.

https://prospect.org/coronavirus/unsanitized-bailouts-tradition-unlike-any-other/


 Last edited by: tungsten on March 25, 2020, 11:59 p.m., edited 1 time in total.
March 26, 2020, 12:05 a.m.
Posts: 11969
Joined: June 4, 2008

Should have added...

Bankers who lost more money than ever earned in the history of banking, received the largest bonus pool in the history of banking less than two years later, in 2010. And, suspiciously, only a few years later, Geithner received a highly paid position in the finance industry.

March 26, 2020, 8:51 a.m.
Posts: 12253
Joined: June 29, 2006

Not one of them ever saw the inside of a cell as well. If I was an American I would still rather have Obama in charge right now than Trump, but I get your point. I think this is showing why having progressives take over from the bottom up in the Senate and Congress is so important too though.

What are the thoughts on the stimulus in this country?


 Last edited by: chupacabra on March 26, 2020, 8:51 a.m., edited 1 time in total.
March 26, 2020, 12:21 p.m.
Posts: 3834
Joined: May 23, 2006

https://youtu.be/Y_sjfchNsiM

March 26, 2020, 12:57 p.m.
Posts: 12253
Joined: June 29, 2006

It is hard to argue with that tiny man.

March 26, 2020, 1:58 p.m.
Posts: 15652
Joined: Dec. 30, 2002

Isnt that heading into Fascism? At the very least, corporate welfare is still strong. Meanwhile, I think the Americans just got sold off for $1200?

March 28, 2020, 12:01 a.m.
Posts: 3834
Joined: May 23, 2006

+ Public Citizen: “One section of the Senate’s stimulus plan contains language preventing companies from using bailout money to buy back their own stock or raise CEO pay. The very next section gives Steve Mnuchin the power to COMPLETELY IGNORE THE PREVIOUS SECTION. Jaw-dropping corruption.”

May 6, 2020, 10 p.m.
Posts: 3834
Joined: May 23, 2006

Capitalists, OFF WITH THEIR HEADS!

https://www.counterpunch.org/2020/05/06/back-to-work-trumps-covid-19-capitalist-cure-back-to-work/


 Last edited by: tungsten on May 6, 2020, 10:28 p.m., edited 1 time in total.
May 13, 2020, 4:19 p.m.
Posts: 3834
Joined: May 23, 2006

https://greattransition.org/gti-forum/planetize-movement-moghadam

May 18, 2020, 4:55 p.m.
Posts: 11969
Joined: June 4, 2008

Capitalism works, it's just no country has yet to follow it.

May 18, 2020, 8:47 p.m.
Posts: 3834
Joined: May 23, 2006

yes they have. that's why it's cannabalizing tjhe jhomeland. duh...

https://www.counterpunch.org/2007/04/30/anti-capitalism-in-five-minutes/

May 18, 2020, 9:49 p.m.
Posts: 11969
Joined: June 4, 2008

No.

Socialism is needed for our most trusted assets like healthcare and infrastructure.

Capitalism, if left to die when it fails, is perfect for everything else.

May 19, 2020, 8:50 a.m.
Posts: 12253
Joined: June 29, 2006

Posted by: ReductiMat

No.

Socialism is needed for our most trusted assets like healthcare and infrastructure.

Capitalism, if left to die when it fails, is perfect for everything else.

I agree.  Socialize society's needs and let capitalism take care of the wants.  The problem is always "The jobs!" when the big corporations start laying everyone off.  It is a powerful tool for those businesses because the government takes the blame for job losses and for the corporation's decisions that lead to their failure.  We need to re-tool what it means to be a corporation in this country.

May 19, 2020, 9:55 a.m.
Posts: 3834
Joined: May 23, 2006

Revoke their fucking charter when they fuck up instead of giving them taxpayer $.


 Last edited by: tungsten on May 19, 2020, 9:56 a.m., edited 1 time in total.

Forum jump: