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Thursday, October 23, 2008 |
MarketWatch: "Yes, we're dummies. You. Me. All 300 million of us. Clueless. We should be ashamed. We're obsessed about the slogans and rituals of 'democracy', distracted by the campaign, polls, debates, rhetoric, half-truths and outright lies. McCain? Obama? Sorry to pop your bubble folks, but it no longer matters who's president.
Why? The real 'game changer' already happened. Democracy has been replaced by Wall Street's new 'disaster capitalism'. That's the big game-changer historians will remember about 2008, masterminded by Wall Street's ultimate 'Trojan Horse', Hank Paulson. Imagine: Greed, arrogance and incompetence create a massive bubble, cost trillions, and still Wall Street comes out smelling like roses, richer and more powerful!
Yes, we're idiots: While distracted by the 'illusion of democracy' in the endless campaign, Congress surrendered the powers we entrusted to it with very little fight. Congress simply handed over voting power and the keys to trillions in the Treasury to Wall Street's new 'Disaster Capitalists' who now control 'democracy'.
Naomi Klein summarizes the game in 'Shock Doctrine: the Rise of Disaster Capitalism'. This 'new economy' generates enormous profits feeding off other peoples' misery: Wars, terror attacks, natural catastrophes, poverty, trade sanctions, subprime housing meltdowns and all kinds of economic, financial and political disasters. Natural (Katrina) or manmade (Iraq), either way 'disaster capitalism' creates fortunes."
If we don't put a stop to it the architects of the debacle will again use their power to devolve the crisis onto the population. Are our jobs, pensions, savings safe now? I am not convinced yet. It seems that the financial sector is getting all the help they need, not so with the citizen.
Stock market gambling is still 'de rigueur' and the betting is still on a bear market. Bonusses are still being distributed among the CEOs.
TheAge: "US stocks tumbled to 5-year lows on Wednesday as investors grappled with an increasingly dire outlook for the global economy following a raft of disappointing profits and outlooks from major US companies."
And of course, some will blame the 'socialists' or the 'communists', talking as they do about the 'socialist take-over of America'.
HuffingtonPost: "Surely you have heard by now of the imminent socialist takeover of America, and if you find the prospect unlikely, ask yourself: How many socialists do you know who lost millions in the recent stock market crashes? Just as I thought - none - and that's not only because you don't know any socialists. The truth is that we, the Socialist International Conspiracy, not only saw this coming, we are the ones who made it happen."
1:16:52 PM 
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RotterdamseSchouwburg: On Thursday November 4, the Rotterdam Theatre is going to celebrate the victory of Barack Obama as president of the United States.
1:01:18 PM
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© Copyright 2008.
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