Capitalism in decay

[Octavian]

While the world waits with baited breath on the Contrived Drama of the Debt Ceiling, the real show has already been played out,secretly and behind the scenes. The first audit of the privately owned and foreign owned Federal Reserve by the GAO,has turned up $16 Trillion dollars of loans all over the world to prop up the global fiat empire. This massive money creation is over and above Hank Paulson’s $700 billion dollar heist of the American public. It is also in addition to QE1 and QE2 that resulted in an illusionary recovery of the economy. All of this money printing has done nothing to create any economic growth and it never will. The scary part is that this was done with no oversight or accountability .

http://sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf <-- In this report by senator Bernie Sanders(A socialist)

Companies funded by the working classes tax dollar.(Full list on page 131)

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)

Finally we have seen the true face of the US government rear it's ugly head with the merge of government and corporations, welcome to fascism.

Source: http://www.businessinsider.com/feds-16-trillion-dollar-secret-slush-fund-props-up-our-way-of-life-2011-7

[Vladimir Innit Lenin]

It's not 'finally', we have all known the ugly side of corporate America for a long time.

And it's certainly not 'fascist'. You really need to temper your use of such a word. Not everything that we don't like is 'fascist' and it's really fucking annoying when people use that word out of context. Not only is it inaccurate, it does a great disservice to the victims of Fascism during the dictatorships of Nazi Germany, Italy and Franco's Spain.

[gendoikari]

Okay those numbers are disgusting. And they decided to cut NASA's budget?

[Madslatter]

While the country is showing strong fascist tendencies, it is certainly not a fascist nation. What we have is the worst of neoliberal extremism.

[eric922]

Sanders is one of the few in Washington that actually cares about working people in this country. At least there is one actual socialist in D.C. to stand up for the poor and working class.

[CommunityBeliever]

What we are finally seeing is that capitalism has outlived its economic use and now we are a society completely in decay.

[Ingraham Effingham]

While the country is showing strong fascist tendencies, it is certainly not a fascist nation. What we have is the worst of neoliberal extremism.

You are 100% right. Sad fact is that hardly anyone even knows what "neoliberalism" is; the word is never even mentioned in the mainstream.

[Octavian]

It's not 'finally', we have all known the ugly side of corporate America for a long time.

And it's certainly not 'fascist'. You really need to temper your use of such a word. Not everything that we don't like is 'fascist' and it's really fucking annoying when people use that word out of context. Not only is it inaccurate, it does a great disservice to the victims of Fascism during the dictatorships of Nazi Germany, Italy and Franco's Spain.
I know fascism isn't just an anti-authoritarian word that angsty anarchists like to throw around. This how ever is very similar to fascism. You have major corporations controlling politics and being funded government to the point where we have private enterprises and government as one. This may not be as bad as authoritarian fascism but it could get worse, very fast.

[RadioRaheem84]

The article has a lot of good information but it was really written from a right wing libertarian perspective, hence the praise of Ron Paul.

Capitalism is in decay but the doomsday stuff was laid on a bit thick.

[Illuminati]

Fascism is Capitalism in decay - Lenin

If you have your head in the ground, of course you won't see it, but it is all around us.

[CHE with an AK]

http://i83.photobucket.com/albums/j318/Tredcrow/2011/latuffmarx.jpg

[tanklv]

While the country is showing strong fascist tendencies, it is certainly not a fascist nation. What we have is the worst of neoliberal extremism.

Not neoliberalism - but neoconservatism displayed for all its "glory"...

Or maybe you could enlighten me to the difference if you think I'm in error...

thanks...

[La Peur Rouge]

Not neoliberalism - but neoconservatism displayed for all its "glory"...

Or maybe you could enlighten me to the difference if you think I'm in error...

thanks...

I believe Madslatter means neo-liberal economic policies. You're thinking of conservatism in terms of the social conservatism of the right-wing.