Friday, August 24, 2012

Capitalism Crashing?

Remember that the 2007-2008 crash happened at the end of the reign of King George W. - not at the beginning of Obama's administration. The crash was preceded by the biggest disparity in wealth between the haves and have-nots since the Great Depression of 1929. The gap grew under Bush and is now embarrassingly worse than some third world countries. We have to end the tax gifts for the super-rich to prevent an even more devastating crash - followed by a possible revolution. Do the corporations think the US is immune to a peoples' coups? I hope we don't ever find out. It could get ugly.


American Capitalism giving way to Corporatism - not Socialism.

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