Re: Death throes of a once-great city
My remark about what capitalism and inequality have done to Detroit (and America) was not posted as a reply to the city council woman's remarks. (My brother's computer down here in Cal. does not retrieve YouTube segments.) Rather, my remark about what capitalism and inequality have done to Detroit (and America) was posted upon reflecting upon my childhood: when everyone could buy a new car and everyone had a job, when everyone had a small home, and everyone had savings in silver dollars or silver certificates at the bank. Everyone then had a future, and everyone then had a union card.
Now, after four decades of rightwing Republican rule in America, we have gun-toting, drug war, gang war, the hidden gulag of prisons, the McMansions, the bubble economy, the fiat money, the debt pyramids, the greed, the Ponzi-schemes, the de-regulation, the arrogance, the bail-outs for bankers, the bail-outs for Wall Street, the bankruptcy of California, the Proposition 13, the billion-dollar bonuses, the dark markets (after-the-bell), the lobbyists, the corruption, the dis-mantling of manufacturing, the derivative markets, on and on and on........
No, take a good look at what 40 years of Republican rule has done, from Ronald Reagan becoming Governor in California in 1968 to George Bush Jr. becoming President; from Jack Welch running GE into the ground to Bernie Made-off and his Ponzi-empire. This is what capitalism has done.
Let the world take note of what has happened to America and what de-regulated capitalism has meant in the long run. And let no Republican or libertarian deny the truth about what has happened, because the truth is evident for all to see.
Originally posted by rjwjr
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Now, after four decades of rightwing Republican rule in America, we have gun-toting, drug war, gang war, the hidden gulag of prisons, the McMansions, the bubble economy, the fiat money, the debt pyramids, the greed, the Ponzi-schemes, the de-regulation, the arrogance, the bail-outs for bankers, the bail-outs for Wall Street, the bankruptcy of California, the Proposition 13, the billion-dollar bonuses, the dark markets (after-the-bell), the lobbyists, the corruption, the dis-mantling of manufacturing, the derivative markets, on and on and on........
No, take a good look at what 40 years of Republican rule has done, from Ronald Reagan becoming Governor in California in 1968 to George Bush Jr. becoming President; from Jack Welch running GE into the ground to Bernie Made-off and his Ponzi-empire. This is what capitalism has done.
Let the world take note of what has happened to America and what de-regulated capitalism has meant in the long run. And let no Republican or libertarian deny the truth about what has happened, because the truth is evident for all to see.
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