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Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?
#91
(06-05-2016, 09:08 PM)Galen Wrote:
(06-05-2016, 07:00 AM)pbrower2a Wrote:
(06-05-2016, 03:00 AM)Galen Wrote:
(06-05-2016, 02:55 AM)Eric the Green Wrote: No one with power can be trusted.

You have the most amazing ability to not think things through and completely miss the point.  No wonder Boomers screw everything up they touch.

The wrong Boomers have been in charge. The extreme narcissists and some borderline sociopaths have prevailed in government and business.

...Corporate power can do as much evil as government. The profit motive does not reliably educe the noblest behavior from people.
Private entities do not use force the way governments do.  You don't have to deal with any particular corporation unless it has some monopoly bestowed by government.  There are no right Boomers or anyone else to be in charge that is the lesson that Boomers in general seem be unable to handle.


Private entities have a nasty habit of buying the politicians who then become the modern equivalent of liveried flunkies. In such an order we get the economics of a fascist regime if not yet the torture chambers, labor camps, and execution pits.

Extreme narcissists almost never do good for any but themselves except as retainers of even richer and more-powerful people. Narcissism is very much a part of the Boomer elite, but that same elite does everything possible to degrade everyone else.  Boomer non-elites are expected to be good little serfs who recognize how wonderful their Lord and Master is. I expect our economic elites to hand the exalted role to their spoiled-brat kids... kids who have never done any real work in their lives... Exploitative orders always hand down power through some form of inheritance, and they have always imposed upon those that they exploit, the dreadful combination of responsibility without reward.

...It is telling that immigrants are much more likely than the American-born to start businesses. Maybe they can see something -- work for a giant corporation and expect to run into a low-lying glass ceiling! At one point the MBA schools taught their students how to treat subordinates badly and get away with it. But what happens if there is a labor shortage?

Class power is real.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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Messages In This Thread
Ornery, take 2 - by Ragnarök_62 - 05-26-2016, 02:12 AM
RE: Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst? - by pbrower2a - 06-06-2016, 04:57 AM

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