Recession; is it engineered by the "elite" to shape society in their image?

[Gnosisquest]

This recession lacks one thing, hardship by the ultra rich! This makes me wonder if the entire recession has not been engineered by the "elite" sociopaths who has dehumanized the needy in order to confiscate all assets acquired by the people that work for a living.
The rich who are also suffering are not the ultra wealthy, their suffering lowers the value of their hard work so the ultra rich can acquire it for next to nothing.

 

[Ted S]

Yep.  The recession has not been engineered by the "elite" sociopaths.

Recessions are generally cyclical but they can also be brought on or exacerbated by price fixing.

Price fixing = government meddling = excessive regulation

[Gnosisquest]

Yep.  The recession has not been engineered by the "elite" sociopaths.

Recessions are generally cyclical but they can also be brought on or exacerbated by price fixing.

Price fixing = government meddling = excessive regulation

Hi Ted: You are joking, right?!
That the Government cause recession is absurd, the Government regulations such as EPA, Wall Street, the Banking industry, minimum wage, OSHA etc has to be greatly improved! Regulation of the dope industry (drug companies) has to be enforced and also greatly improved.

Those that would poison our water and air, let people die from contaminated foods etc are all irresponsible corporate sociopaths and the allegiance of anyone running for Government is clearly indicated by the corporate cry regarding less regulations!
It is true that the Government cause a lot of problems which is why we have to get money and greed out of the people we elect to higher office!

[kentay]

This recession lacks one thing, hardship by the ultra rich! This makes me wonder if the entire recession has not been engineered by the "elite" sociopaths who has dehumanized the needy in order to confiscate all assets acquired by the people that work for a living.
The rich who are also suffering are not the ultra wealthy, their suffering lowers the value of their hard work so the ultra rich can acquire it for next to nothing.

   


Gnosisquest, I don't know about them being sociopaths, but you maybe right, I think they sure are treasonous in my opinion. I have never in my lifetime seen so many un-American haters in one party in my life. Kentay

Republicans Secret Meeting on Inauguration day
BY NIKI2 on June 27, 2012

A new book reveals that Republicans held secret meeting deciding to obstruct EVERYTHING President Obama tried to do the DAY he was inaugurated. By a show of hands who did not already suspect that?
Quote:
________________________________________
Democrats have rounded on revelations about a private dinner of House Republicans on inauguration day in 2009 in which they plotted a campaign of obstruction against newly installed president Barack Obama.

The Republicans have done that, bringing Washington to a near standstill several times during Obama's first term over debt and other issues.
________________________________________
What a surprise (not)! Next time any of our righties tries to say they weren't the "Party of No"--or maybe they won't, given the facts are out, maybe they'll just defend the planned obstructionism. I remember how long I resisted believing this was their plan. But these revelations are the first time we have actual evidence for the American people to see that the GOP has put country last and party first, and tried to grind the entire country to a halt (which they did). Keep in mind this night was during a month where 800,000 jobs were lost and the economy was about to go off a cliff. They were plotting from the very beginning, literally, on how to make sure that Obama would not succeed in making things better for Americans - not because they disagreed with him - but because they wanted power. After these revelations I don't see how people can, in good conscience, support this party. But of course, they will.

Here it comes...
http://www.fireflyfans.net/mthread.aspx?tid=51766

[Gnosisquest]

This recession lacks one thing, hardship by the ultra rich! This makes me wonder if the entire recession has not been engineered by the "elite" sociopaths who has dehumanized the needy in order to confiscate all assets acquired by the people that work for a living.
The rich who are also suffering are not the ultra wealthy, their suffering lowers the value of their hard work so the ultra rich can acquire it for next to nothing.

   


Gnosisquest, I don't know about them being sociopaths, but you maybe right, I think they sure are treasonous in my opinion. I have never in my lifetime seen so many un-American haters in one party in my life. Kentay

Thank you Kentay:
Perhaps they are not all sociopaths but the way I see people who have not developed some of the greater human attributes such as compassion and empathy is not flattering. At best these "holier than thou" individuals is a recessive gene going back to the earliest stages of evolution.

[wbcoleman]

Yep.  The recession has not been engineered by the "elite" sociopaths.

Recessions are generally cyclical but they can also be brought on or exacerbated by price fixing.

Price fixing = government meddling = excessive regulation

Hi Ted: You are joking, right?!
That the Government cause recession is absurd, the Government regulations such as EPA, Wall Street, the Banking industry, minimum wage, OSHA etc has to be greatly improved! Regulation of the dope industry (drug companies) has to be enforced and also greatly improved.

Those that would poison our water and air, let people die from contaminated foods etc are all irresponsible corporate sociopaths and the allegiance of anyone running for Government is clearly indicated by the corporate cry regarding less regulations!
It is true that the Government cause a lot of problems which is why we have to get money and greed out of the people we elect to higher office!

Milton Friedman and Anna Schwartz rather conclusively demonstrated that bad Federal Reserve policy was responsible for the length and depth of the Great Depression.

[wbcoleman]

This recession lacks one thing, hardship by the ultra rich! This makes me wonder if the entire recession has not been engineered by the "elite" sociopaths who has dehumanized the needy in order to confiscate all assets acquired by the people that work for a living.
The rich who are also suffering are not the ultra wealthy, their suffering lowers the value of their hard work so the ultra rich can acquire it for next to nothing.

Yep, the list of sociopathic elites who benefited from the 2008 crash is long!

Bear Stearn, its management and investors
Bank of America, its management and investors
Washington Mutual, its management and investors
Wachovia Bank, its management and investors
Merrill Lynch, its management and investors
Citibank, its management and investors
Lehman Brothers, its management and investors
etc etc etc etc........

And they brought the whole thing on just to line their own greedy pockets!

[kentay]

Yep.  The recession has not been engineered by the "elite" sociopaths.

Recessions are generally cyclical but they can also be brought on or exacerbated by price fixing.

Price fixing = government meddling = excessive regulation

Hi Ted: You are joking, right?!
That the Government cause recession is absurd, the Government regulations such as EPA, Wall Street, the Banking industry, minimum wage, OSHA etc has to be greatly improved! Regulation of the dope industry (drug companies) has to be enforced and also greatly improved.

Those that would poison our water and air, let people die from contaminated foods etc are all irresponsible corporate sociopaths and the allegiance of anyone running for Government is clearly indicated by the corporate cry regarding less regulations!
It is true that the Government cause a lot of problems which is why we have to get money and greed out of the people we elect to higher office!

Milton Friedman and Anna Schwartz rather conclusively demonstrated that bad Federal Reserve policy was responsible for the length and depth of the Great Depression.

Here are at least 8 causes and that is exactly what the Republicans are trying to do again today.   

!. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes.

2. There was over speculation in the Stock Market, which was not regulated.
Many Americans purchased stock on credit. This was known as margin buying.

3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low.

4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due.

5. Federal regulations on businesses also contributed to the cause. Especially favorable to the large corporations were the taxes laws which were written to encourage business expansion.

6. Banks were permitted to speculate in land and the stock market with little
 government regulations.

7. High tariffs and war debts helped spread the depression world wide.

8. The Stock Market Crash of 1929 signaled the beginning of the Great Depression

[wbcoleman]

Friedman & Schwartz wrote an academic tome which has been admired for over a half a century.  To what may we attribute your musings?

[Gnosisquest]

Yep.  The recession has not been engineered by the "elite" sociopaths.

Recessions are generally cyclical but they can also be brought on or exacerbated by price fixing.

Price fixing = government meddling = excessive regulation

Hi Ted: You are joking, right?!
That the Government cause recession is absurd, the Government regulations such as EPA, Wall Street, the Banking industry, minimum wage, OSHA etc has to be greatly improved! Regulation of the dope industry (drug companies) has to be enforced and also greatly improved.

Those that would poison our water and air, let people die from contaminated foods etc are all irresponsible corporate sociopaths and the allegiance of anyone running for Government is clearly indicated by the corporate cry regarding less regulations!
It is true that the Government cause a lot of problems which is why we have to get money and greed out of the people we elect to higher office!

Milton Friedman and Anna Schwartz rather conclusively demonstrated that bad Federal Reserve policy was responsible for the length and depth of the Great Depression.

Here are at least 8 causes and that is exactly what the Republicans are trying to do again today.   

!. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes.

2. There was over speculation in the Stock Market, which was not regulated.
Many Americans purchased stock on credit. This was known as margin buying.

3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low.

4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due.

5. Federal regulations on businesses also contributed to the cause. Especially favorable to the large corporations were the taxes laws which were written to encourage business expansion.

6. Banks were permitted to speculate in land and the stock market with little
 government regulations.

7. High tariffs and war debts helped spread the depression world wide.

8. The Stock Market Crash of 1929 signaled the beginning of the Great Depression

Do the Right-wing-nuts ever answer?

[wbcoleman]

Do the Right-wing-nuts ever answer?

Thanks for the "compliment"!  See reply #8.

[Gnosisquest]

Do the Right-wing-nuts ever answer?

Thanks for the "compliment"!  See reply #8.

I saw that Coleman, what is it about this "tome" that you like?
http://en.wikipedia.org/wiki/A_Monetary_History_of_the_United_States

The possibility of a few wealthy families manipulating the society has not been refuted but if you want to discuss Nobel prize literature regarding economics that is not the only "tome".
The current recession looks to have been manufactured in order for these wealthy families to cease assets by those that work for a living.

[wbcoleman]

Do the Right-wing-nuts ever answer?

Thanks for the "compliment"!  See reply #8.

I saw that Coleman, what is it about this "tome" that you like?
http://en.wikipedia.org/wiki/A_Monetary_History_of_the_United_States

The possibility of a few wealthy families manipulating the society has not been refuted but if you want to discuss Nobel prize literature regarding economics that is not the only "tome".
The current recession looks to have been manufactured in order for these wealthy families to cease assets by those that work for a living.

Are you referring to "the wealthy families" who invested in Bear Stearn, Bank of America, Washington Mutual, Wachovia Bank, Merrill Lynch, Citibank, Lehman Brothers, et al?

[Gnosisquest]

Do the Right-wing-nuts ever answer?

Thanks for the "compliment"!  See reply #8.

I saw that Coleman, what is it about this "tome" that you like?
http://en.wikipedia.org/wiki/A_Monetary_History_of_the_United_States

The possibility of a few wealthy families manipulating the society has not been refuted but if you want to discuss Nobel prize literature regarding economics that is not the only "tome".
The current recession looks to have been manufactured in order for these wealthy families to cease assets by those that work for a living.

Are you referring to "the wealthy families" who invested in Bear Stearn, Bank of America, Washington Mutual, Wachovia Bank, Merrill Lynch, Citibank, Lehman Brothers, et al?

Coleman: What make you so much better than me that you can issue question after question without answering some in return?

[wbcoleman]

Do the Right-wing-nuts ever answer?

Thanks for the "compliment"!  See reply #8.

I saw that Coleman, what is it about this "tome" that you like?
http://en.wikipedia.org/wiki/A_Monetary_History_of_the_United_States

The possibility of a few wealthy families manipulating the society has not been refuted but if you want to discuss Nobel prize literature regarding economics that is not the only "tome".
The current recession looks to have been manufactured in order for these wealthy families to cease assets by those that work for a living.

Are you referring to "the wealthy families" who invested in Bear Stearn, Bank of America, Washington Mutual, Wachovia Bank, Merrill Lynch, Citibank, Lehman Brothers, et al?

Coleman: What make you so much better than me that you can issue question after question without answering some in return?

This is either the third or fourth time I've asked this one.

Seriously, my friend, the original premise of your thread is unsustainable.