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bpuharic bpuharic is offline
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First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
Default deficits don't matter

On Fri, 27 Aug 2010 23:03:38 GMT, "Colonel Kurtz"
wrote:


On 27-Aug-2010, Secular Humanist wrote:

He is unable to grasp what is right in front of his face, that the
foreign
product invasion (aided and abbetted by the consumers) and at the
invitation
of the U.S. government, forced middle class employment and demand for
that
employment out the window. Explaining it over and over is like teaching
a
pig to dance.



D'oh. What killed us was the unrestricted ability to move capital to
exploit the cheapest labor available, and a business community
emotionally and financially able to create an environment in which
workers are returned to near-serfdom.


"a business community" has plenty of use for you until you are no longer
affordable


or until they decide they want 10 cents more for themselves and can
get it by starving the middle class




This is what I have explained for the past 25 years. Search for "chairman of
Intel" and read links to recent news - he just gave the same speech. It's
about time, but too late for "Americans."


he gave a speech filled with right wing fairy tales and bull****. i
read his speech.


There is no recession, what has occurred is an adjustment, over 25-30 years,
to a non producing nation.


yeah, courtesy of the rich. they discovered that, if they destroyed
the middle class the'd make a fortune in the short term

and that's what they did