HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Politics & Government » Congress (Group) » What we are Witnessing wi...

Tue Oct 8, 2013, 12:59 PM

 

What we are Witnessing with the shut down is

A civil war between the 1%. The Old Money wealthy steeped in Property, Vs. the New money Cash rich and invested in stocks and bonds. Looking at it this way will tell you why the GOP is split. The Koch's and the old money is Loving the shutdown. Yes they will lose (Thank You) a bit in the beginning of a collapse, but will reap billions afterwards. The Bankers are land poor and cash and stock rich will have much to lose and will be swan diving from the roof of their banks if the dollar goes kaput!

6 replies, 1713 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 6 replies Author Time Post
Reply What we are Witnessing with the shut down is (Original post)
BillyRibs Oct 2013 OP
2naSalit Oct 2013 #1
louis-t Oct 2013 #2
LiberalArkie Oct 2013 #3
BillyRibs Oct 2013 #4
gopiscrap Oct 2013 #5
jeff47 Oct 2013 #6

Response to BillyRibs (Original post)

Tue Oct 8, 2013, 01:05 PM

1. Interesting point

The brothers intend to own it all eventually, if only they would fall victim to their ways...

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BillyRibs (Original post)

Tue Oct 8, 2013, 01:05 PM

2. It's 'lose'.

Sorry, pet peeve on that one word.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BillyRibs (Original post)

Tue Oct 8, 2013, 01:10 PM

3. A lot of the American Old money really despise the Koch's and many of those like him.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BillyRibs (Original post)

Tue Oct 8, 2013, 01:12 PM

4. It's Just a thought,

 

A theory, But it sort of makes sense.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BillyRibs (Original post)

Tue Oct 8, 2013, 01:52 PM

5. Exactly

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BillyRibs (Original post)

Tue Oct 8, 2013, 02:03 PM

6. No, I think it's the break-up of the Reagan coalition

Reagan brought together the economic conservatives and the social conservatives. The economic conservatives supplied the campaign cash, and the social conservatives supplied the foot soldiers.

Back in Reagan's day, the economic conservatives were in full control. There was the occasional bone for the social conservatives, but the rich ran the show. As time passed, the economic conservatives had to give a little more and a little more to the social conservatives. But it was stable, and the economic conservatives could actually govern.

That changed in 1995. Gingrich and co were swept into power by the social conservatives. And they reversed this formula. Now the social conservatives were running the show, but they gave the economic conservatives lots of goodies to keep them in line.

Well, the trend continued. Over 20 years, the economic conservatives got a little less and a little less. Until we arrive where we are today: The economic conservatives get virtually nothing, while the social conservatives get everything.

Most "Old money" are economic conservatives. They don't give a damn about abortion, they just want to pay no taxes.

The Koch brothers? They aren't economic conservatives. They're social conservatives who happen to be rich.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread