Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Stealing Money From Taxpayers To Pay For Wall Street Bail-Outs Is Not Socialism

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:37 PM
Original message
Stealing Money From Taxpayers To Pay For Wall Street Bail-Outs Is Not Socialism
Edited on Mon Sep-22-08 01:47 PM by Better Believe It
That's hardcore capitalism and capitalists running the government to serve their interests.

Nothing new.

The idea that the proposed 700 billion dollar bailout is some kind of socialism for the rich is silly at best. And it gives socialism a bad name!

If people keep writing that this bailout is socialism and socialism is for the rich many people will start to believe that hogwash!

It's old fashioned capitalism and it isn't the first time the rich have used the government to cover their "loses" and/or increase their riches.

They've been doing that every year! Look at all of the laws that have been passed by a bi-partisan Congress in just the past decade .... laws that have

favored the rich at the expense of working people. From de-regulation of the markets and transportation to the Bankruptcy Law "reform" it's been a wild

and wonderful ride for the ruling rich. And now the casino capitalists will get hundreds of billions of dollars from us to cover their gambling losses.

They will get it. That's the bottom line in whatever legislation is passed. They will get it.

So please people .... don't give socialism a bad name and black eye by describing the Wall Street bailout as some sort of socialism.


It ain't socialism it's Capitalism with a capital C!

And it's not Fascism either. If people don't know what the hell fascism is and how it got into power in Germany, Italy and Spain they shouldn't be

throwing that term around like a cuss word.

If people yell "ohhh ohhhh it's fascist, it's fascism nazism" ... today, people won't pay any attention to you when the real thing comes along. And it

will come along.

Read some serious history on Nazi Germany, on Italy if you really want to know and understand what fascism is and how to fight it.

If you don't want to hit the books and do so some serious reading, I suppose you could just run around in your neighborhood yelling "fascists, fascists, fascists" and look like a fool or some 'left-winger" on drugs.




Printer Friendly | Permalink |  | Top
ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:40 PM
Response to Original message
1. well, no, it's not really capitalism at all... it's cronyism or fascism
but it really has nothing at all to do with a free market.
Printer Friendly | Permalink |  | Top
 
Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:40 PM
Response to Original message
2. Actually, it's fascism - using the government to FORCE repayment...
of private losses with money taken from the people under the threat of incarceration.
Printer Friendly | Permalink |  | Top
 
Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:42 PM
Response to Reply #2
4. Bingo! n/t
Printer Friendly | Permalink |  | Top
 
bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:44 PM
Response to Reply #2
6. Yep.
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:57 PM
Response to Reply #6
10. Hey Bobthedrummer!
:hi: Welcome back! Haven't seen you in a while!
Printer Friendly | Permalink |  | Top
 
Mist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:50 PM
Response to Reply #2
8. Mussolini said as much:
"Fascism should rightly be called Corporatism, as it is the merger of corporate and government power."
Printer Friendly | Permalink |  | Top
 
Fovea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:41 PM
Response to Original message
3. Laisser Faire capitalism
at its ugliest.

And they are even blaming the victims.


Printer Friendly | Permalink |  | Top
 
liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:43 PM
Response to Original message
5. It is highway robbery
Printer Friendly | Permalink |  | Top
 
SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 02:23 PM
Response to Reply #5
13. Without masks and guns.
Printer Friendly | Permalink |  | Top
 
Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:47 PM
Response to Original message
7. This is the 3rd huge bailout in 20 years, do we ever catch on that
we are being robbed again?

Wait until the quadrillion dollar derivatives market goes...

We just have to face it, the system has reached entropy, we will have no choice but to create it's replacement so we might as well get it over with, while we can still debate the merits of various new systems.

Personally, I think a time-based currency is the most equitable solution.



Printer Friendly | Permalink |  | Top
 
Spritz57 Donating Member (354 posts) Send PM | Profile | Ignore Mon Sep-22-08 01:54 PM
Response to Original message
9. I think Chris Dodd said it best,
"We privatize profit and socialize debt."
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 01:58 PM
Response to Reply #9
11. Welcome to DU Spritz57!
:hi:
Printer Friendly | Permalink |  | Top
 
Spritz57 Donating Member (354 posts) Send PM | Profile | Ignore Mon Sep-22-08 02:20 PM
Response to Reply #11
12. Thanks, happy to be here!
:woohoo:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri May 03rd 2024, 10:10 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC