"The War on Capital" -- We'd better fight this shit or they'll take back the ball

[Armstead]

I was listening to Laura Ingram last night in the car. (Don;t ask me why.) She had that stuffed shirt elitist Lawrence Kudlow on discussing that scary black man Barack Obama.

Kudlow must have used the phrase "this war on capital" 20 times. It's obviously an attempt to spread a meme.

He was scared for the economy because of this "war on capital." God forbid that the taxes on the wealthy and corporate oligarchs might be rolled back to those awful 1990's, when the rich had such a difficult time.

Anyway, I've heard variants of this from a variety of sources.

Nevermind that "capital" basically mortally wounded itself with its' mix of greed and stupidity under the CONservative policies espoused by the likes of Kudlow, Rush and Hannity....Nevermind that much of the "socialist" spending that's going on is being given as a life-saver to Wall St. and Corporate America, to prevent them from totally self-destructing.

What really frosts me is that these greedy pigs and their CONservative stooges in the media are acting like dogs in the manger.

They have no concept of moderation, compromise or flexibility of ideology. Plain old liberal Keneysian economics is branded as "dangerous radical socialism."

They want it their way or no way.

What is worrisome is the possibility that this meme might spread. That the Right Wing Ideologues could succeed in their attempt to brand moderate liberalism as an "attack on capitalism" in the public mind.


We'd better fight back hard at these nattering nabobs of negativism. Otherwise, the public might start listening to them again and buying their sour milk.

[Captain Hilts]

1. It's 1933 and 1993 all over again. Sad, but true.

FDR and ER: Put on your game face and go at 'em!

[jxnmsdemguy65]

4. I can't help but saying....

I love FDR and the Roosevelt legacy, but ER was one butt-ugly woman, poor thing....

[Captain Hilts]

6. That's a really bad picture. She actually looks good in some.

One of her problems was that she actually tanned in an open car, so she photographed with a kind of five o'clock shadow.

By all accounts she was a world better looking in real life.

[alsame]

18. I have visited their home in Hyde Park several times and there were

some pictures of her on display that are much more attractive than those we usually see.

[Silent3]

9. Steve Buscemi must be a lot older than I realized!

I never knew he hung out with FDR. :evilgrin:

[dionysus]

11. OH SHIT.

:spank:
:spray:

[Silent3]

19. Just to be cruel and drive home the point...

http://ia.media-imdb.com/images/M/MV5BMTg1MzU2MzY0Ml5BMl5BanBnXkFtZTcwMzM3OTYyMQ@@._V1._SX286_SY400_.jpg



Frightening, isn't it?

[Xenotime]

2. Obama is remaking a better america and they are trying to poison it.

That's why I approve of the DNC taking on Rush on his turf.

[billyoc]

3. I plan to help anyone spread this meme as far and wide as possible.

[ddeclue]

5. Don't worry nobody's rushing to defend "capital" these days...

"Capital" is the bozos who got us IN the current mess.

"Capital" is just gonna have to sit down and STFU while reasonable non-sociopathic people get us collectively un-fucked again so that "capital" can re-screw us later.

Doug D.

[Armstead]

7. Experience would say otherwise

In a logical world you would be correct.

However, we have short memories. Capital can sit on the general economy until the people cry uncle.

[ddeclue]

8. No we don't really HAVE relevant experience (most of us anyways)

that compares to the current situation unless you were at least a child in the Great Depression.

People are really pissed off and not really listening to the CNBC crowd any more.

Doug D.

[Armstead]

12. I hope you are right

But I don't trust the fickleness of the American people.

They need a scapegoat. Right now, it is the Big Money crowd and their political minions. Correctly, because they are the ones who steered us into this iceburg.

But if the economy fails to show some positive progress in the reasonably near future, the public is likely to turn on Obama and the Democrats, and blame it on them. And the Rushes and the Kudlows of the world will be pushing that meme.

[TheWebHead]

10. they have a point

this is not the environment to be discouraging capital investment, and money has been flowing ruthlessly out of the markets since the release of the budget. I agree with many of the ideas presented, but now is not the time and when introduced, they should proceed with caution. The last time we had this violent of a drop in October, we saw a huge drop in consumer spending and it triggered a large wave of layoffs. If people think the deck is stacked against them in terms of investment, they'll just park it in friendlier environments or in treasuries. All that makes it harder for companies to fund operations and expansion. You don't see anymore secondary offerings. The IPO market is gone. Takeovers are few and far between. To main street, all that means is no new jobs.

[Armstead]

13. Taxes are not the cause of all this shit

The reasons for all of the crapola has very little to do with taxes or regulation.

People are scared to invest because the economy is so bad, and people don't trust the financial system or the corporations and money managers. That is not the government's fault -- except for the past government inaction that allowed this collapse to happen.

[tonysam]

15. Actually That's Not True

Overconcentration of wealth is at the root of all of our economic problems, which go BEYOND the current crisis. People are scared now, but what caused this current fear? Overconcentration of wealth, giant tax breaks for people who don't need it, and policies put in place which encouraged "outsourcing" and never mind the longterm problems.

Deregulation is also at the root of it as well. If the pre-1981 regulations were in place, the economy wouldn't be in this mess.

[Armstead]

17. I totally agree with you on that

What I was talking about is the current crisis, which is ultimately a symptom of the bigger problems you referred to

[ddeclue]

14. Tax the crap out of the wealthy who AREN'T investing in jobs in America

and change their attitude about it.

If they aren't going to spend their money putting people back to work, perhaps We the People ought to.

[uponit7771]

16. The 25% are the biggest noise makers