One Trick Pony

Daily Agitator

American capitalism can be called a “one trick pony”……I know I am one of those hidden “Marxists” that Glenn Beck is so afraid of in his continuous rants and raves……please……I can talk about the failures of capitalism without being a Marxist or a Communist or a Socialist….and if you are afraid to talk about the shortcomings of capitalism, then stop reading here and turn your attention to either Limbaugh or Beck….I am sure they are on the air someplace in the country…..

The long-time descent into totalitarian capitalism and neglect for anything but corporate profit has just about finished its course. The party is over. Bankruptcy is next. What we don’t know yet is how far-reaching this economic freefall is going to be.

We the people are not supposed to be aware of how we are being treated like dregs to be discarded. The powers that be imagine that, as long as we are not told the truth about how we are being cheated out of our birth rights, we will lie down like whipped dogs and lick the feet of our torturers.

How far we have come from the somewhat civilized society that the Founding Fathers had in mind for the people of the thirteen states can only be measured if we consider the abysmal lack of basic needs and basic rights that is now the norm in the United States. In fact, there are no areas left in the year 2010 that have been spared from the general decline, cultural, economic or humane. Human rights are in tatters, the standard of living for the vast majority of American families can go nowhere but further downhill, the voices of the people are left unheard, the standard of cultural institutions, quality education and all the privileges that are linked to it are being starved out of existence.

Capitalism, the way it is playing out today, is incompatible with true democracy. This insanity, this absurd form of capitalism is altogether negating a humane system of running the world with any consideration at all for the people on the planet.
Free-market capitalism can not possibly go along with true democracy. The concepts represent opposite poles in the running of the economic systems of the world. The most outstanding mark of run-away capitalism is its denial of any civic and human rights to the working people. Privatization, which is the principal gospel of this decadent world order will eventually make us pay for the air we breathe and the polluted water we drink.

From Siv O’Neall…….

The Free Market was set up with unilateral power for the giant in the West and unheard of wealth for the very few as its unique goal. The tools would be the International Monetary Fund (IMF) and the World Bank, which were working on the single track of stealing the national resources of the greatest number of countries possible and squeezing money out of financially strapped nations by lending their governments money at a high interest rate. The ultimate condition for the nations in dire economic straits, was always the cutting back on social services, devaluing the national currency and increasing taxes on the already half-strangled people, thus starving the beast. Such is the ever-present major strategy of these Washington henchmen; the super-tools for U.S. world domination. And, of course, along came the accumulation of further wealth to add to the already astronomic wealth of the corporations.

Free Market capitalism, the Chicago School of Economics professor, Milton Friedman’s brain child,  globalization, the catchword for the Empire’s total domination over the rest of the world, Washington’s New World Order, enriching the very few and strangling the masses – call it what you like but it’s a fantasy that is now finally crumbling. It all amounts to ‘screw the people’ and ‘greed is the power that makes the world go round’. The religion in the U.S.A. is greed and it’s the only true religion there is.

With all that said, there is Bernanke, chairman of the Fed, is doing the same things that caused the original bubble back a couple of years ago…..Greenspan has been condemned for causing the economic meltdown by keeping interest rates low and now Bernanke is doing the exact same thing and in doing so….he is re-creating the bubble that almost brought the end of the US economy…..low interests are suppose to make cash more readily available for investments in the economy….the problem is….so far there is NO investment only accumulation…..no jobs creation….no investment…..no recovery……

American capitalism is a One Trick Pony and that pony is diseased without new economic medication…It Will DIE!

BTW….GOP…..where are the jobs?

4 thoughts on “One Trick Pony

  1. Wonderful energy, great blog. My biggest fear is reincarnation–re-living the downward spiral that you describe so well above. Take care my friend.

    1. Thanx for the props…always good to have appreciative readers…..I am sorry but all I read and see tells me that this economic slide is far from over…..and the Repubs are doing everything they can to collapse it again….I just hope it is not some ploy to make Obama look bad for an election….if it is…they all need to be taken out and shot…..

  2. Yes, in theory, I agree. In practice, being humane requires a humanity that is worth it – and there isn’t one.

    God save the whales, I say… bollocks to humanity!

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