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View Diary: Hope And Cave: SEC and CFTC Fold on Regulating "Financial Weapons Of Mass Destruction" (145 comments)

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  •  Things were a little different (4+ / 0-)
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    cotterperson, Just Bob, native, Jim P

    in the 1960s.  Protests did get violent, however, the weapons that can and are being used on protesters today are a lot more dangerous and physically damaging then what was used in the 1960s and people were not corralled and then arrested in mass.  Of there is Kent State where actual gun fire was used.  

    But during the 60s we still have a somewhat working ecomony and a strong middle class that could push the political system into doing the right thing.  Most politician in the 1960s were still very aware of how important a middle class was to stabilizing the ecomony.  Today it doesn't matter because citizens in others countries are the labor force and things still work and get made even if the people strike.  And with a bad ecomony anyone with an arrest record will have an even more difficult time securing employment.  People are still trying to get degrees to make a difference and when that finally fails is when perhaps things will become unbearable enough to create change.  Right now there is enough money at the top to keep things going for a while, but it will dry up eventually as well.

    Once NAFTA was signed I realized that we were politically weaken especially since many of the laborers could shut down production and paralyze the ecomony, but now we no longer have that power.  The power has been disperse across the world.

    "During times of universal deceit, telling the truth becomes a revolution­ary act. " George Orwell

    by zaka1 on Fri Apr 20, 2012 at 02:09:59 PM PDT

    [ Parent ]

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