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In reply to the discussion: Iceland Was Right, We Were Wrong: The IMF [View all]cprise
(8,445 posts)46. I don't identify with the parasite class
I can see, however, that they have the nation brainwashed and by the balls.
The 1% would still be fairly comfortable after a collapse. The rest of us would suffer immensely, however.
Do you wish for a repeat of 1929? Just so you can satisfy your desire to see the rich fail at their own game?
We have to first cash-out from their mentality and stop looking up to them (and hating working-class people), otherwise we all fall but with the wealthy on top of us. If the rich are going to be knocked down a peg-or-10 by failure, is ought to be at *our* game.
Only we ain't got one!
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And how many people were screaming that bailing out these parasites without extracting huge
Egalitarian Thug
Aug 2012
#11
I do not believe that the world would have ended had there been a reasonable bank and market
amandabeech
Aug 2012
#61
Assisting responsible homeowners with their house payments wouldn't have created a run on the banks
Blanks
Aug 2012
#44
Probably at the annual Third Way Anti-Social Justice Movement convention on K St.
Zorra
Aug 2012
#25
Even more precisely, Iceland was wrong.. like us.. FIRSt, then fixed it.
progressivebydesign
Aug 2012
#36
As I recall, no one said a meltdown was impossible, because no one saw it coming.
Honeycombe8
Aug 2012
#67
The need for a banking system is not the same as the need for the current cast or SOP
TheKentuckian
Aug 2012
#57