the system is broken. a lot broken.

this is a post on my blog from a week ago.  a couple of folks thought it would be appropriate here.  i’m not sure this is anything new to the burning platform crowd, but here goes.  maybe spark some discussion at least.  or some good insult throwing.

the system is broken. a lot broken.

10/8/2011

17:05

if you need a simple, focused message, you’re welcome.

this simple, focused message that the folks downtown at Occupy Wall Street offer to the nation is clear and obvious.  except to the people who will not, or can not, accept either the message, or the reality.

and Occupy Wall Street is a success.  a smashing success.  after only three weeks.  sure, the success may be temporary.  but they are Winning-Duh!

the fact that the system is broken is now part of the conversation.  it was not a month ago.  now it is, on the tee vee, in the new york times, even occasionally on the murdoch (including the occupied wall street journal;   while the street proper is still safe from the mobs, for the moment they got into dey heads.)

that is a success without a single demand. or a list of demands.  i’m sorry, i missed that part of the revolutionary cookbook–that demands must be produced, err, on demand.  there was an old term from the 60s and before.  consciousness raising.  still counts.

on the demand front, another way of looking at it i read earlier in the week.  when there is a single injustice–we’ll have a single demand.  when there is a simple, uncomplicated injustice, we’ll have a simple, uncomplicated demand.

see me; hear me; even mace me and arrest me; those are the demands of the day.  and the success–being seen, being heard.  that only took a matter of days.  well done, OWS.

like i said, it may be temporary.  very likely, it will be dust and memories by winter.  temporary success is not failure.  from small things mama, big things one day come.

enough about the messengers.  let me hammer the message yet again.

the system is broken.  a lot broken.  to the point of failure.  requiring massive overhaul, including replacement or rebuilding of many key components.  possibly requiring junking and replacement, which becomes more likely the longer the crippled system is driven w/o the necessary overhaul.

the political component of the system has failed; it no longer performs its democratic function.  Obama and his administration has functioned 100% in the best interests of the banks, the lobbyists, the huge corporations.  not one single action, regarding war, economy, health care policy, has failed to supply those interests with everything they demand, at the expense of the population at large.

we have three years of historic record to serve as proof of this claim.

the party or individual identity of the president has ceased to matter.  red/blue, democrat/republican makes zero difference in the day to day and year to year policies and actions of the federal government.

the finance industry component of the system has failed.  despite being given every support and every dollar they demanded after their failure was obvious to the world in 2008, they again are on the brink of an extinction event.  they cannot even maintain their stock prices, as boa, morgan and goldman shares tumble over the past year.

the larger economic component of the system has failed.  in our system, economic prosperity requires growth.  growth used to come from savings and investment; those inputs were replaced by debt.  debt (and credit) is by definition based on confidence–a reasonable expectation that the debt will be repaid.

when debt grows beyond a certain point, the confidence fails, and debt growth stops.  and economic growth, and prosperity, stops.

the problem appears to be how to replace/restore debt growth.  the problem in actuality is too much debt.  adding more debt only breaks the system more, compounds the failure.

all the efforts to feed the failed system serves only to foster more failure.  more “stimulus” only stimulates 1) more money in the pockets of the rich, the corporate and banking heads; 2) more jobs to china and higher unemployment here; 3) more debt that will never be repaid. (paraphrased/stolen from Jessé at his blog today, Jessé’s Cafe Américain

the further myriad failures–education, health care delivery and profit taking, infrastructure, government bureaucracy–merely outcomes of and symptoms of the above component failures.

simple, really.  the system, that we have all participated in and enjoyed our entire lives is broken.  really really badly broken.  no republican or democratic president or group of congressmen is going to fix it.  because all they will do is a tune up–change the oil, new spark plugs, maybe wheels and a coat of paint.  that is all they know how to do.

the bad news–that is the good news.  that only a small percentage of americans are willing or able to accept the fact that the system is severely crippled is grim.  but OWS has chipped away at that, if only for a short while.

the really bad news–we are not gonna overhaul and repair the system until it seizes up.  not until a catastrophic full-stop failure.  despite the opportunities, the multiple clear warnings, the wake up calls.  it looks like we may be blessed with yet another opportunity, to watch it happen in europe, with maybe time to avoid it here.  (i doubt it; i think when europe blows, we will have about three minutes before the first bank failure here, then its party on garth.)

i try my best not to fall in love with and commit to my forecasts and predictions (i don’t limit that to women.)  most of the time, i don’t even like my predictions.  including these two today.  that Occupy Wall Street will fade away; either by co-option by the entrenched left or the labor movement or the Democratic Party; or alternatively in a spasm of violent suppression, orchestrated or not.  and that america will not wake up to the severity of the failures of politics, finance and economy and demand overhaul until after the broken system is totaled.

as usual, i hope i’m wrong.

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Dave
Dave
October 14, 2011 4:19 pm

I’ve seen a lot of posts and responses on here that point the fingers at bankers, corporations, hedge fund managers, “rich” people, and rail for jail.

Can anyone here cite the various statutes that were violated by these various that have brought about the current situation. Not moral laws, not ideological laws. Real laws that were broken, by whom, and why were the people in charge ignoring these alleged violations?

Does the fact that there are lots of people who have lost their jobs, or their homes are worth less than they paid for them, or someone is paying less taxes than someone else, mean that laws were broken?

AKAnon
AKAnon
October 14, 2011 4:24 pm

Good to see you, Howard. Nice rant. I hope you are wrong too, but I think you are correct.

Stucky
Stucky
October 14, 2011 4:24 pm

Howard’s great blog; —– http://badthingsman.blogspot.com/

Howard, you have been outed. Sorry, had to do it.

Colma Rising
Colma Rising
October 14, 2011 4:28 pm

Hell yeah, Howard… I’m glad you threw this up. Glad your back.

Dave: When corruption is legal you KNOW we’re in deep shit.

Welshman
Welshman
October 14, 2011 4:42 pm

Howard in NYC,

Hope you stick around more, missed ya.

Dragline
Dragline
October 14, 2011 4:47 pm

Dave, do you really want to know or are you just baiting people and looking for straw men? Most people know that its illegal for public companies who trade in securities to make misstatements in their filings or in other public statements. Its called securities fraud. Fraud is a crime in every state in the union and under many federal statutes as well. You can read about securities laws in many places. You might start here: http://www.seclaw.com/seclaw.htm It cites some statutes if that is what you are really looking for. Or just google securities fraud and take your pick.

As for finding people to prosecute, this woman is sitting pretty on Long Island right now after lying through her teeth about the condition of her firm (Lehman):

http://dailybail.com/home/the-spectacular-fall-of-lehman-cfo-erin-callan-so-many-lies.html

Would you like to defend her? You are going to have to if you would like to carry your point.

William Black, who prosecuted the Keating 5, noted in 2009 that it was pretty obvious that many people should be prosecuted like they were in the aftermath of the S&L crises. Here is one of his interviews from 2009:

Black: We have fraud by top elites

You can find many more if you are interested.

ragman
ragman
October 14, 2011 4:50 pm

Welcome back, Doc. Corruption begins at the top. Bushie proclaimed that the Constitution is “just a GD piece of paper”. This is from the “President”. It’s all down hill from there.

Smokey
Smokey
October 14, 2011 4:59 pm

Dave,

In the eighties there were ONE THOUSAND ONE HUNDRED prosecutions in the S&L crisis for fraud. There were EIGHT HUNDRED bank officials sent to prison during that time.

Yet now, with rampant fraud throughout the sub-prime mortgage meltdown, involving liar loans and no doc loans out the wazoo, there has not been a single fucking prosecution of a banking official. Not a fucking one.

The collapse of Lehman, the forced takeovers of Fannie, Freddie, GM, Merrill, Countrywide, Wachovia because every one of those turds was insolvent—-and you think there were no laws broken?

Goldman Sach’s former CEO, who had become the Treasury Secretary , Hank Paulson, directed taxpayer money to AIG to cover $13 billion in exposure that his Goldman buddies had in AIG derivatives. You reckon there was any conflict of interest there ?

There is corruption as far as the eye can see, and you question if laws were broken?

King-shat
King-shat
October 14, 2011 5:15 pm

Dave = Dumbfucker

Thunderbird
Thunderbird
October 14, 2011 5:17 pm

Dave says:

“Can anyone here cite the various statutes that were violated by these various that have brought about the current situation.”

The constitution was violated; that is what has happened. A debt based fiat money system run by a private banking cartel replaced our constitutional mandated gold based money system. This current system allows for all types of morally debased money expansions that favors those that are on the inside track of the money expansion that has led the herd astray.

Also, an administrative system of law was introduced (that circumscibed the constitution on purpose) that required a titled profession (against the intent of the constitution) the BAR system of lawyers that created laws in a legal language foreign to common law, to rule over the people like the old Admiralty laws, now called (Uniform Commercial Code) UCC that could be used by the bankers and federally installed administrators across the land to lord over the people. And on top of that the common law courts of the land were converted into UCC courts where the people are no longer respected because they do not knowingly understand how to represent themselves in a sea of language designed to escape their comprehention.

All this was set up to represent corporations that were nonpersons changed into persons to get representation from our congress, which was hyjacked away from us by the passing of the 17th amendment to the constitution, which took away direct State representation, and by making the office a voted in process left the Senators to be lead away from representing the people, by being bribed by the corporations who had the most to offer.

You talk about a broken system? It certainly is not the system this country was founded on. The only morals broken is in the violation of the trust of the people by our; used to be, representatives in congress through fraud, waste, and abuse. Yes, the clandestine rooted administrative law system imposed on the people contain statutes that are designed to benefit those in the ruling and banking positions against the best wishes of the people who are really only familiar with common laws contained in the constitution and Bill of Rights. You talk about citing statutes that were violated? by who? Statutes set in place by arbatrary means to an end rather than moral principles is not true “rule of law.” These statutes are part of an amoral system of law that was never intended for this country.

The system we have is broken because it was intended by those that concieved it to break. Now What my friend?

Stucky
Stucky
October 14, 2011 5:28 pm

You guys are very nice to respond to Dave.

But be aware.

Dave baits on almost every thread. Really.

Dave is a master baiter.

Thinker
Thinker
October 14, 2011 5:34 pm

I’d even call him “Jim’s heckler.” The mark of any great writer.

Punk in Drublic
Punk in Drublic
October 14, 2011 5:47 pm

“Shit is fucked up and bullshit”

That is a brilliant sign. Anyway, nice post, Howard. On the topic of broken things, I’d like to hear the opinions of the doctors and others in the healthcare industry on the site.

What exactly is wrong with the healthcare system in this country, from your perspective?

Here’s mine.
The prices are to damn high. I do not even know how much it would cost me to break a leg or an arm, I’m sure it is more than I can afford to pay at the time. And that is a simple injury. A serious injury or disease could become a six or seven figure bill, completely unpayable by me. An asprin is fucking fifty dollars.

I do not understand is how and why it became necessary to have health insurance in order to get healthcare. Receiving treatment is literally unaffordable for a huge segment of the population. So much so that paying for the WAY to pay for treatment is now unaffordable.

It seems to me that is what Obamacare was intended to fix. Not to bring down the cost of actual healthcare, but to build enrollment in the insurance industry. As well as expanding the enrollment in the other, OTHER way to pay for healthcare.

So that’s my question. What is driving up the cost of actual healthcare treatment and how do we (can we?) fix it.

Mary Malone
Mary Malone
October 14, 2011 6:29 pm

A number of laws were broken, but let’s start with NY Security Law….
In the creation of mortgage backed securities, each entity or party was obligated to you know, follow the law..

The firms that marketed MBS to institutional investors sold SPV that were not backed by , well, mortgages.

The warehouse lender, true creditor, never revealed their identity to the borrower, violating false claims act and consumer fraud laws.

The originators wrote mortgages and then fraudulently fudged income or other data using white-out to
Get the loans thru the system. Looking at wire and mail fraud charges.

Appraisers falsely inflated property values – appraisal fraud.

Depositors never validated the credit-worthiness of the borrower, violating numerous NY Security Laws.

Sponsors, Trustees tasked with delivering investors what was promised, did not do their jobs. Numerous security laws were broken.

All of this was orchestrated by parties who colluded to defraud investors, local government and borrowers. It”s RICCO, mail wire fraud, security fraud for starters.

That doesn’t begin to address illegal foreclosures, suborning perjury (robosigning) committed by attorneys, and bank executives.

Let’s not forget IRS tax law violations, since the MBS never conformed to the strict standards that made these a major tax avoidance scheme.

Bruce
Bruce
October 14, 2011 7:21 pm

You all take it EZ on Dave. He was only born yesterday, slept all night and got got up late.

Dave
Dave
October 14, 2011 7:42 pm

Some really intelligent and factual responses. Makes me proud to associate with such highly intelligent people. Fuck you King-Shat.

“Yet now, with rampant fraud throughout the sub-prime mortgage meltdown, involving liar loans and no doc loans out the wazoo, there has not been a single fucking prosecution of a banking official. Not a fucking one.’

Exactly. Now why isn’t someone railing against the people who are supposed to be doing the PROSECUTING?

TeresaE
TeresaE
October 14, 2011 8:05 pm

Dave says, “…Now why isn’t someone railing against the people who are supposed to be doing the PROSECUTING?…”

Well my best guess is that the reason nobody is railing is that the circumstances are so convoluted, covered up and shady that very few Americans have the legal and business/accounting acumen to follow the damn dollars.

Which is the exact reason everything is corrupt. Once the rules became piled upon other rules, altered, then piled on again it made the playing field so unlevel that it became too large of a task to follow the bouncing ball.

Of course throw in bread (SNAP, food banks, WIC and free lunches) and circuses (shiny little foreign made screens showing us what the rich have, games that accomplish nothing but eat millions of productive hours, and a really good dose of envy thanks to 24/7 pushing “how the other half live”) and what do you get?

The final stage before death of a country, apathy & ignorance.

We all know most schools suck and we do NOTHING to change it. We swallow our disgust and continue sending our kids everyday.

Story of our lives, as long as the system is kicking “him,” we don’t worry about it.

Now the system is running out of “hims” and those that are waking up are trying to wake everyone else.

Welcome back Howard and thanks for sharing this. Nicely done.

Terry
Terry
October 14, 2011 8:47 pm

Dave says:

“Now why isn’t someone railing against the people who are supposed to be doing the PROSECUTING?”

This site has been ranting about this since I’ve known about it. Karl Dennenger has been on it every single day since 2007. Many, many others have also. Hell, the *original* 2008 Tea Party raised pure hell about it before they were co-opted by the Republicans…

Mary Malone
Mary Malone
October 14, 2011 9:17 pm

We took actionable intelligence of mortgage fraud to FBI task force on mortgage fraud out of Newark office. The Special Agent told us to pound sand and lose his number.

Others tried to get FBI in Boston to open investigations. Again, total silence.

Why?

Attorney General Eric Holder has a huge conflict of interest. He is obstructing justice, trying to force the 50 state AG’s to agree to global banking settlement.

He was a partner at Covington & Burling, white shoe law firm that represents MERS. In 2006, while Holder and his DOJ lieutenants were at the firm, Covington & Burling wrote the legal opinion that justified MERS business model to the lending and title industries.

MERS was the energizer bunny for massive mortgage fraud, clouding title on 100 million homes and
cheating local government of $2b in mortgage recording fees and in NJ $87 million in transfer taxes.

Many in law enforcement believe Holder is running the clock on the statute of limitations. He’s protecting the interests of Covington &Burling because they face serious exposure to massive civil penalties. He’s also shielding MERS and it’s charter members (all participated in mortgage fraud) from civil and criminal charges.

Classic crony capitalism thru and thru. The only solution is to have Holder removed from office – which Fast and Furious is going to accomplish and defeat Obama in 2012.

Kill Bill
Kill Bill
October 14, 2011 9:19 pm

In the eighties there were ONE THOUSAND ONE HUNDRED prosecutions in the S&L crisis for fraud. There were EIGHT HUNDRED bank officials sent to prison during that time.

Yet now, with rampant fraud throughout the sub-prime mortgage meltdown, involving liar loans and no doc loans out the wazoo, there has not been a single fucking prosecution of a banking official. Not a fucking one. -Smokey

Yanno, Smokey, on this I agree with you. Your facts, not opinion, are there.

AWD
AWD
October 14, 2011 9:24 pm

Great job howwy,

Excellent post on your first day back. You nailed it. Once again, I am envious of you’all that can see and participate in the protests first hand. Keep the reports coming my man, well done.

Kill Bill
Kill Bill
October 14, 2011 9:28 pm

I’ve seen a lot of posts and responses on here that point the fingers at bankers, corporations, hedge fund managers, “rich” people, and rail for jail. -Dave

Okay Dave, I read what you say. Thats all good. But lets forego the finger pointing and focus on the legislation that helped lead to the economical crisis.

Lets debate this.

AWD
AWD
October 14, 2011 9:32 pm

Dave is a fuckwad, a douchebag, the result of a maggot fucking a cockroach, a cocksucker, ignore that shitstick.

Kill Bill
Kill Bill
October 14, 2011 9:48 pm

Dave may be all these things. I dont know. So I ask Dave give examples of what he speaks so they can be discussed in a adult fashion, Trolls hate that and Dave surely isnt a troll.

Opinionated Bloviator
Opinionated Bloviator
October 14, 2011 10:09 pm

The “system” has reached the point that “fixing” it is impossible. All that is left is collapse and reset.

Burn, baby burn…

Mary Malone
Mary Malone
October 14, 2011 10:59 pm

Kill Bill

Yes really big bad legislation in the form of Community Reinvestment Act primed the pump leading to systemic mortgage fraud.

Many people don’t realize that Bi Biz loves big, bad complex regulation. Why? It gives Big Biz opportunity to find a loophole they can exploit to carve out a profit center all to themselves.

This is called arbitrage. It’s harmful to a free economy and is a drug used to generate profits and bonuses – without producing or creating a new product or service.

Arbitrage also shuts out small businesses and places the little guy at a disadvantage.

So big bad regulations that limit competition and encourage corporations to exploit loopholes are the heart of the problem IMHO.

But in the financial sector, arbitrage morphed into control fraud. It was no longer enough to generate record profits from a regulatory loopholes. They had to seize all the wealth – plundering institutional investor funds, impoverishing home-owners and lastly, stealing private property.

Truly evil scheme could never have been hatched or implemented without Govt regulation paving the way….

Dave
Dave
October 15, 2011 9:26 am

So ok,…after you collapse the current system, what will the new one look like?

TeresaE
TeresaE
October 15, 2011 9:51 am

Dave says:

“So ok,…after you collapse the current system, what will the new one look like?”

Dave, what you are exhibiting is called the “normalcy bias.”

The human belief that things can’t get worse and we can deal with how bad they suck now.

Which is a simple explanation as to why German Jews STAYED in Germany even as their property – and freedoms – were stripped.

I can hear them even now, “…So after we collapse or leave, how bad will it be then?”

Human nature is an amazing thing to behold.

And this is the EXACT reason things have gotten so out of hand now.

“Well this sucks, but it could be worse!”

We are quickly approaching the point of “no it can’t.”

Novista
Novista
October 15, 2011 10:07 am

Damn, I like this Mary Malone’s style. Clear exposition of facts.

Dave, two references: Matt Taibbi and Michael Lewis. Google is your friend …
(hint) vampire squid.

Chronic Agitator
Chronic Agitator
October 15, 2011 11:16 am

Mary Malone: Thank you for the insightful info and POV

Stucky
Stucky
October 15, 2011 12:26 pm

“It’s all Bushs’ fault.” — Dave

AWESOME Obama impression, Dave. I mean really, terrific.

Dave
Dave
October 15, 2011 2:18 pm

From the Daily reckoning: Vive the revolution

“Millions of marginally successful people think the system has failed them. Youth joblessness is at Great Depression levels. More than 45 million are on food stamps.

People come to think what they must think when they must think it. So, a person who feels he has failed must come to terms with it. He must find a reason that gets himself off the hook. It must be someone else’s fault.

It was not his fault he failed his chemistry exam. The ‘system’ should provide him with a good job anyway. It was not his fault his house got taken away; the system caused prices to fall…and his job got exported to Mumbai. It was not his fault he didn’t save any money; the banks took advantage of him mercilessly. He may even get a “deficiency notice” — telling him he has to pay the bank for its loss on his foreclosed house.

Add insult to injury, why don’t you!

The guy has a legitimate beef!

It wasn’t his fault that the Nixon administration cut the link to gold in 1971. It wasn’t his fault the Chinese produced things better and cheaper. It wasn’t his fault that the feds kept stimulating the economy…and encouraging him to go deeper and deeper into debt at artificially low interest rates. And it certainly wasn’t he who caused the housing bubble to blow up…or who caused it in the first place.

But one thing you can depend on. Not many people will do the hard work of connecting the kneebone of this disaster to the legbone that caused it. And he won’t want to make the sacrifices necessary to protect himself from it either. (Our advice: cut expenses to almost zero…save money…buy gold…become a bankruptcy lawyer.) Instead, he’ll join the revolution.”

Stucky
Stucky
October 15, 2011 2:29 pm

Dave

WHERE does the blame game stop?

OK, maybe Obama has a legitimate claim in blaming Bush. Maybe. Then Bush can blame Clinton. Clinton can blame the other Bush. And so on and so on. Pretty soon it’ll be Pocahontas’ fault for blowing John Smith.

Thunderbird
Thunderbird
October 15, 2011 3:07 pm

Dave says:

“So OK… after you collapse the current system what will the new one look like?”

This seems like a baited question… like saying after you divorce your wife what will your next one look like?

First of all the current system is neither good or bad; it is neutral. We are not going to collapse it; as it has been abused and ignored by the monsters that are using it for their selfish interests, so it has to be purged of these amoral monsters. That means mass prosecutions has to take place of the people involved with the frauds. How else can the trust of the people be restored?

We are talking about a restoration to a clean system. It has to start with prosecutions, then going back to the law, intent has to be looked at, then arbitrary statutues has to be removed. Congress has made so many laws; many of which are either now obsolete or contain self interest toward corporations. These laws and statutues have to be repealed. To aid in a clean process to restore the system the entire congress has to be replaced. The current members are too closely linked with the interests that have distorted the system. And lawyers need to be banned from holding public office as a representative of the people because their first alliance is to the BAR; not the people. Lawyers have their place but it is not in leadership and creating laws. It is rather in structuring laws to the needs of the people (herd) who have little knowledge of law formation.

People see the fraud going on in our government and the public purse being bladantly looted leaving the public to fund the looting.

No my friend, the system in my opinion is not broken; but rather it is being sidetracked and misused by amoral men that need to be purged from the levers and prosecuted, then thrown in jail.

People should be saying:

1. Proscecute the people that committed fraud.
2. We need a complete overhaul of our administrative law system starting with legislative acts.
3. Repeal legislation that has destroyed our job base.

By saying that the system is broken only gives the commies ammunition to get rid of it and put in their system. I don’t think so.

Colma Rising
Colma Rising
October 15, 2011 6:00 pm

The Youtube video is so fitting…the car analogy is great.

Politicians and the media can’t figure it out.

Dave
Dave
October 15, 2011 6:09 pm

“People should be saying:

1. Proscecute the people that committed fraud.
2. We need a complete overhaul of our administrative law system starting with legislative acts.
3. Repeal legislation that has destroyed our job base.”

I don’t have a problem with this, but it is a massive undertaking that I don’t think people are willing to do. Unless of course we give dictatorial powers to someone. I’m not for that, but i think that’s whats coming.

Smokey
Smokey
October 15, 2011 6:20 pm

Opinionated Bloviator nailed it.

“The “system ” has reached the point that “fixing ” it is impossible. All that is left is collapse and reset.”

“Burn, baby, burn.”

Fuckin’ A. My contention for the past three years.

It’s too fucking late. It’s too fucked up. It’s impossible to unfuck it. Doesn’t make a shit who is president. They will preside over economic collapse and social chaos.

Stucky
Stucky
October 15, 2011 7:50 pm

More and more … with each passing day …. with every new PATHETIC law they pass …. with one failed policy after another …….. I am starting to be swayed by Smokey’s logic.

None of this …. including the OWS …. a new POTUS …. may make a fucking bit of difference.

I HATE such a defeatist attitude. Reality sucks, I guess.

llpoh
llpoh
October 15, 2011 9:32 pm

Just read Obama is going to use the OWS as a political tool – look, all these people are on my side against the rich. Class warfare at its finest.

Mary Malone
Mary Malone
October 15, 2011 9:33 pm

Great debate.

The decision to fight corruption and restore America’s liberty and freedom is a very personal one.

For me, it’s not the realization that we are less prosperous…it’s knowing we’re less free.

When I’m ready to throw in the towel I think about the ordinary people who fought and died so we could be free. They pledged their lives, their fortunes and sacred honor. Most lost all three.

So I guess the real question is, “Were we worthy of the sacrifice?”

Is America still worth fighting for?

llpoj
llpoj
October 15, 2011 10:03 pm

MM – there is no foreign entity worth fighting at the moment.

Colma Rising
Colma Rising
October 15, 2011 10:31 pm

llpoh:

You could very well be right, in the sense that the coverage by the MSM… exposed as dishonest and interest-driven by our TBP contributors and analysts… is what the average person is going to soak up in their head.

You, Smokey, Mary, Hope and yes even Dave see it because you’ve seen it before. Hell, even Howard sees it (from the article):

“i don’t even like my predictions. including these two today. that Occupy Wall Street will fade away; either by co-option by the entrenched left or the labor movement or the Democratic Party; or alternatively in a spasm of violent suppression, orchestrated or not.”

Come election time, the frenzy will start. Enough bullshit to fertilize a dust-bowl.

And the average voter will stay “informed” through these warped sources.

HOWEVER:

The problems and downward spiral will continue… regardless of blame or competent analysis.

Any fucking time now, someone’s going to appear with their craven hand extended for a bailout. It might be State/Local governments… it might be financial institutions.

Someone will. General satisfaction will not be satisfied. Inflation will persist.

The TEA party and OWS may disappear, marginalized and co-opted but the festering problem remains, whether coverage or honest discourse is there or not.

You may see class envy… I may see hopelessness in even trying anymore…

It doesn’t matter who is elected.

Estamos Jodidos, Jefe

(We’re all fucked, Boss)

Smokey
Smokey
October 15, 2011 10:38 pm

Colma, just curious, you don’t have to answer.

What race are you ? Or are you Hispanic?

I know LLPOH is at least part Native American or American Indian.

I know Howard is African American.

I’m Caucasion, and by Stuck’s picture he’s Caucasian also.

Stucky
Stucky
October 15, 2011 10:42 pm

“Were we worthy of the sacrifice?” — MM

That is one of the best questions I have heard. I have never considered it. I don’t have an answer. I will have to spend time to think on it.

G’night all (all = like … 5 people right now …lol)

CAN’T WAIT TO READ JIM’S REPORT TOMORROW !!!!