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  •  listening to the budget hearings last week, the (1+ / 0-)
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    Rethugs kept chanting the mantra that "increased capitalization" is what keeps banks "honest," not lending--which they're now equating with risk--not hedging, not poor or questionable investments--but simple, plain ol' lending.

    They are actually trying to make the case for the banks to sit on their money and not lend it, because that is riskier behavior than being undercapitzlied and/or lending to Joe's Store--according to every Republican sitting in that hearing.  

    It is sickening to behold what these pigs are up to.  I happened to catch a few lines from the movie Wall Street after Michael Douglas destroyed Jet Blue this morning, and it was stunning how much that plot sounded like just what these Bain vultures done to so many companies in this country.  They are evil and they will lie, cheat and steal without a glance backward.

    They've been working at this heist of the middle class and the public sector a very long time, and they are moving in for the kill with Romney.

    If the plutocrats begin the program, we will end it. -- Eugene Debs.

    by livjack on Mon Jun 11, 2012 at 04:12:01 PM PDT

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    •  everyday, i read accounts of the rmoney campaign (0+ / 0-)

      lying or talking about how a lower, flatter tax structure will shake that money loose and everyday i think to myself, well if that's the case, than why, during the bush administration did we loose soo many jobs and why did so many companies close. And why did banks pull credit lines on companies that had perfect credit (like the one i worked for ~ seriously, we had perfect credit and couldn't get our credit line renewed).  They have been selling this lie to us since Reagan and the Bush administration is a perfect example of how it doesn't work. Then President Obama comes in and leaves the Bush tax structure in place to no avail. These people want a complete restructure of the employer/employee relationship. They are trying to realign the US salary structure to coincide with the global salary structure. These people will not be happy until they take away our overtime, days off, health benefits, and any other work restriction we have so that they can "compete with the global market".

      The haves want to make sure the have-nots are reduced to near slave status. This will be the only way to maximize any near profit for their share-holders. And if they succeed with this brazenly obvious candidate, then in the next few years, they will have succeeded. It is gross the extremes they are going to in each and every state (even the ones where they are a minority). The employee is labeled the enemy. and those republican voters who are employees really are too stupid to understand that. It's disheartening and beyond sad.

      The lying that we are seeing should not surprise anyone. It's the realigning of salaries that everyone should be focused on. because we are seeing it across the board. Wages are dropping everywhere. And that was the final game plan. They have all the money. They can hold out as long as they want to AND they can make us eat it too. The only way this will end is badly. And it wouldn't surprise me at all if ends not in our favor. Far too many people in this country don't give a shit to even vote let alone pay attention enough to know when they are being lied to.  

      Earth: Mostly harmless ~ The Hitchhiker's Guide to the Galaxy (revised entry)

      by yawnimawke on Mon Jun 11, 2012 at 05:53:56 PM PDT

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