[evilgenius]

$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'H')ow about Boeing? That CEO just got canned, after the fact. You wanted an example. That's just a very public one. Since the 737 Max crisis hit the company, I've seen several employees interviewed who tried to tell somebody about something wrong with the plane.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'C')iting labor is only a means to get at a relationship which should exist between ownership and those who work for them. Out of that relationship, checks and balances would develop. Those examples are, therefore, relevant.

[evilgenius]

$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'C')iting labor is only a means to get at a relationship which should exist between ownership and those who work for them. Out of that relationship, checks and balances would develop. Those examples are, therefore, relevant.

[onlooker]

https://www.globalresearch.ca/debt-agai ... le/5702229

$this->bbcode_second_pass_quote('', ' ') the USA alone, 300 million Americans carry a national debt of more than 23 trillion dollars, which were minted in the name of our nation and then turned over to private financial sources. Then we borrowed it from them without asking how they hell they got our money and now were loaning it to us to spend on the military industrial complex a republican president warned against many years ago. We also financed the creation of billionaires who collect interest on that debt by claiming that it’s our responsibility to pay, and lose, and theirs to collect, and profit.

Our personal consumer debt is more than 13 trillion dollars, which we need to buy all the stuff that keeps us alive and lots more that we need the way a forest needs a fire. More than a trillion of that is for the plastic we use to survive and occasionally eat steak or salmon on a budget that might be able to afford us taco-pizza-burgers if we had to pay cash. More than 9 trillion covers our mortgage debt so we can make believe we are “home owners”, until such time as the bank decides we aren’t paying fast enough and we’re reduced to being renters, if we can find apartments, or being homeless. Another trillion plus each for student and auto loans so we can be taught that this system makes sense as long as we keep driving to the mall, the school, the ministry and the poorhouse by simultaneously polluting our personal lives and social environment.

What was once called a sea of debt on which we floated has become an ocean of debt into which we are sinking, and still our ruling minority programs us to ask “where can we get the money to fund health care and education” as though we all had doctoral degrees from the London School of Economics and were well trained in scratching our butts and picking our noses with the same finger while rationalizing economic insanity. Stop spending it on weapons, drugs, waste and garbage and redirect it to what humans need most: shelter, food, clothing, health care, and other stuff like that. Duh?

The incredible amount of debt – imaginary, make believe wealth – which global capitalism treats as a systemic foundation now threatens to structurally collapse. That is not just a problem for the 1% or smaller percentile that still exercises power over space, time and life itself. The last collapse a few years ago reduced millions of former homeowners and jobholders to a struggle for survival that has not ended for most of them, and they’ve been joined in a supposed recovery – for capital! – that finds more people working for less pay and less people enjoying the fruits of their labor. No different than what began with industrial capitalism back in the 19th century when people who previously lived off the land, or tried to, were herded into cities and factories and mills to create wealth, some of which trickled down to them but mostly defied nature and gravity by flowing up to the ruling powers whose wealth was beyond that of previous feudal lords.

Now, global capital has created a tiny minority of wealthy people who make the feudal lords seem almost a New York rush hour crowd by comparison. As few as three multi-billionaire Americans have as much combined wealth as 150 million Americans, all of those expected to dutifully troop off to the polls and vote for continuing the system that is moving much closer to a financial breakdown, with more pain and suffering for more Americans and the rest of the world than the last collapse caused. Using public funds to bail out private wealth temporarily saved that one and the public good be damned. That cannot be allowed to happen again, and uprisings all over the world are taking place because more people can’t take it any more. They feel the pain and see the handwriting on the wall, which may still be beyond those of us who can only use our smart phones to get dumb news which tells us nothing but what consciousness control pays its media to cram into our heads.

[careinke]

$this->bbcode_second_pass_quote('onlooker', 'h')ttps://www.globalresearch.ca/debt-against-people/5702229

$this->bbcode_second_pass_quote('', ' ') the USA alone, 300 million Americans carry a national debt of more than 23 trillion dollars, which were minted in the name of our nation and then turned over to private financial sources. Then we borrowed it from them without asking how they hell they got our money and now were loaning it to us to spend on the military industrial complex a republican president warned against many years ago. We also financed the creation of billionaires who collect interest on that debt by claiming that it’s our responsibility to pay, and lose, and theirs to collect, and profit.

Our personal consumer debt is more than 13 trillion dollars, which we need to buy all the stuff that keeps us alive and lots more that we need the way a forest needs a fire. More than a trillion of that is for the plastic we use to survive and occasionally eat steak or salmon on a budget that might be able to afford us taco-pizza-burgers if we had to pay cash. More than 9 trillion covers our mortgage debt so we can make believe we are “home owners”, until such time as the bank decides we aren’t paying fast enough and we’re reduced to being renters, if we can find apartments, or being homeless. Another trillion plus each for student and auto loans so we can be taught that this system makes sense as long as we keep driving to the mall, the school, the ministry and the poorhouse by simultaneously polluting our personal lives and social environment.

What was once called a sea of debt on which we floated has become an ocean of debt into which we are sinking, and still our ruling minority programs us to ask “where can we get the money to fund health care and education” as though we all had doctoral degrees from the London School of Economics and were well trained in scratching our butts and picking our noses with the same finger while rationalizing economic insanity. Stop spending it on weapons, drugs, waste and garbage and redirect it to what humans need most: shelter, food, clothing, health care, and other stuff like that. Duh?

The incredible amount of debt – imaginary, make believe wealth – which global capitalism treats as a systemic foundation now threatens to structurally collapse. That is not just a problem for the 1% or smaller percentile that still exercises power over space, time and life itself. The last collapse a few years ago reduced millions of former homeowners and jobholders to a struggle for survival that has not ended for most of them, and they’ve been joined in a supposed recovery – for capital! – that finds more people working for less pay and less people enjoying the fruits of their labor. No different than what began with industrial capitalism back in the 19th century when people who previously lived off the land, or tried to, were herded into cities and factories and mills to create wealth, some of which trickled down to them but mostly defied nature and gravity by flowing up to the ruling powers whose wealth was beyond that of previous feudal lords.

Now, global capital has created a tiny minority of wealthy people who make the feudal lords seem almost a New York rush hour crowd by comparison. As few as three multi-billionaire Americans have as much combined wealth as 150 million Americans, all of those expected to dutifully troop off to the polls and vote for continuing the system that is moving much closer to a financial breakdown, with more pain and suffering for more Americans and the rest of the world than the last collapse caused. Using public funds to bail out private wealth temporarily saved that one and the public good be damned. That cannot be allowed to happen again, and uprisings all over the world are taking place because more people can’t take it any more. They feel the pain and see the handwriting on the wall, which may still be beyond those of us who can only use our smart phones to get dumb news which tells us nothing but what consciousness control pays its media to cram into our heads.

[onlooker]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('onlooker', 'h')ttps://www.globalresearch.ca/debt-against-people/5702229

$this->bbcode_second_pass_quote('', ' ') the USA alone, 300 million Americans carry a national debt of more than 23 trillion dollars, which were minted in the name of our nation and then turned over to private financial sources. Then we borrowed it from them without asking how they hell they got our money and now were loaning it to us to spend on the military industrial complex a republican president warned against many years ago. We also financed the creation of billionaires who collect interest on that debt by claiming that it’s our responsibility to pay, and lose, and theirs to collect, and profit.

Our personal consumer debt is more than 13 trillion dollars, which we need to buy all the stuff that keeps us alive and lots more that we need the way a forest needs a fire. More than a trillion of that is for the plastic we use to survive and occasionally eat steak or salmon on a budget that might be able to afford us taco-pizza-burgers if we had to pay cash. More than 9 trillion covers our mortgage debt so we can make believe we are “home owners”, until such time as the bank decides we aren’t paying fast enough and we’re reduced to being renters, if we can find apartments, or being homeless. Another trillion plus each for student and auto loans so we can be taught that this system makes sense as long as we keep driving to the mall, the school, the ministry and the poorhouse by simultaneously polluting our personal lives and social environment.

What was once called a sea of debt on which we floated has become an ocean of debt into which we are sinking, and still our ruling minority programs us to ask “where can we get the money to fund health care and education” as though we all had doctoral degrees from the London School of Economics and were well trained in scratching our butts and picking our noses with the same finger while rationalizing economic insanity. Stop spending it on weapons, drugs, waste and garbage and redirect it to what humans need most: shelter, food, clothing, health care, and other stuff like that. Duh?

The incredible amount of debt – imaginary, make believe wealth – which global capitalism treats as a systemic foundation now threatens to structurally collapse. That is not just a problem for the 1% or smaller percentile that still exercises power over space, time and life itself. The last collapse a few years ago reduced millions of former homeowners and jobholders to a struggle for survival that has not ended for most of them, and they’ve been joined in a supposed recovery – for capital! – that finds more people working for less pay and less people enjoying the fruits of their labor. No different than what began with industrial capitalism back in the 19th century when people who previously lived off the land, or tried to, were herded into cities and factories and mills to create wealth, some of which trickled down to them but mostly defied nature and gravity by flowing up to the ruling powers whose wealth was beyond that of previous feudal lords.

Now, global capital has created a tiny minority of wealthy people who make the feudal lords seem almost a New York rush hour crowd by comparison. As few as three multi-billionaire Americans have as much combined wealth as 150 million Americans, all of those expected to dutifully troop off to the polls and vote for continuing the system that is moving much closer to a financial breakdown, with more pain and suffering for more Americans and the rest of the world than the last collapse caused. Using public funds to bail out private wealth temporarily saved that one and the public good be damned. That cannot be allowed to happen again, and uprisings all over the world are taking place because more people can’t take it any more. They feel the pain and see the handwriting on the wall, which may still be beyond those of us who can only use our smart phones to get dumb news which tells us nothing but what consciousness control pays its media to cram into our heads.

[Newfie]

Simply saying “it Capitalisim” is a gross oversimplification and seems to lay it on some undefined “they” or TPTB. One needs to ask “What was it like before? And “Who are these Capitalist?”.

Historically civilizations have gone through boom bust cycles, or from development into decay. So what we are seeing is not something he’s or unknown in history. Humans are pretty gullible and at a IOU’s critters. We are opportunistic feeders and that trait can be manipulated by others to aggregate wealth. When the “true” wealth runs out then the innovators find ways to keep the cycle burning until flame out and crash.

What is different this time is the international scale of the problem. There is no unaffected economy which can stabilize things. There are very few places that have even a marginally sustainable economy so a crash in the global markets will hit everyone. Even the pops because they rely upon grain transfers for survival.

Another way to look at it is to ask “What is that money in the market? What is it made of?” And the answer is that it is nothing tangible, not gold, silver, or oil; nor is it mining operations and manufacturing plants. For the most part it is debt, a promise to of future performance. For those of us of a certain age it is summed up by the famous line “I’ll gladly give you a dollar tomorrow for a hamburger today.” LOL.

So all that “money” or “debt” is simply a promise, or better yet, a bet that tomorrow I’ll have more money than today based on the fact that in past times we were able to make it work.

And in past time we were able to make it work because there were exploitable resources that were relatively easy to extract and manual labor was sufficiently necessary and rare to be valuable.

ALL of that is set to change. The vast pool of humanity is no longer of any great value in extracting the resources. In fact they are becoming a drag on the ever more difficult to reach resources because they are competing with the extraction process by needing clean water and arable land. And the populations promise to repay the debt is being made al the more hollow by AI.

[onlooker]

$this->bbcode_second_pass_quote('Newfie', 'S')imply saying “it Capitalisim” is a gross oversimplification and seems to lay it on some undefined “they” or TPTB. One needs to ask “What was it like before? And “Who are these Capitalist?”.

Historically civilizations have gone through boom bust cycles, or from development into decay. So what we are seeing is not something he’s or unknown in history. Humans are pretty gullible and at a IOU’s critters. We are opportunistic feeders and that trait can be manipulated by others to aggregate wealth. When the “true” wealth runs out then the innovators find ways to keep the cycle burning until flame out and crash.

What is different this time is the international scale of the problem. There is no unaffected economy which can stabilize things. There are very few places that have even a marginally sustainable economy so a crash in the global markets will hit everyone. Even the pops because they rely upon grain transfers for survival.

Another way to look at it is to ask “What is that money in the market? What is it made of?” And the answer is that it is nothing tangible, not gold, silver, or oil; nor is it mining operations and manufacturing plants. For the most part it is debt, a promise to of future performance. For those of us of a certain age it is summed up by the famous line “I’ll gladly give you a dollar tomorrow for a hamburger today.” LOL.

So all that “money” or “debt” is simply a promise, or better yet, a bet that tomorrow I’ll have more money than today based on the fact that in past times we were able to make it work.

And in past time we were able to make it work because there were exploitable resources that were relatively easy to extract and manual labor was sufficiently necessary and rare to be valuable.

ALL of that is set to change. The vast pool of humanity is no longer of any great value in extracting the resources. In fact they are becoming a drag on the ever more difficult to reach resources because they are competing with the extraction process by needing clean water and arable land. And the populations promise to repay the debt is being made al the more hollow by AI.

[jedrider]

A very nice book. On the surface, it seems like a simple book, but not so. It describes the basis of our civilization: Mind games. (My own paraphrase though).

Sapiens: A Brief History of Humankind
https://www.barnesandnoble.com/w/sapiens-yuval-noah-harari/1118611502?ean=9780062316110#/

$this->bbcode_second_pass_quote('', 'T')his is an amazing book, written by an amazing man who has the wonderful ability to take very complicated issues and explain them as very simple ideas. Every Sapient on earth should read this book. It is a stunning book
Which explains how we humans got here and where we are headed. It deserves our greatest respect for it's author and should be required reading in every classroom on Earth.
This is the story about us,you and me and every human on Earth. Please read this and share it with everyone you know and pass it on to your Grandchildren for it is their generation to decide what will become of us.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'C')iting labor is only a means to get at a relationship which should exist between ownership and those who work for them. Out of that relationship, checks and balances would develop. Those examples are, therefore, relevant.

[evilgenius]

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'C')iting labor is only a means to get at a relationship which should exist between ownership and those who work for them. Out of that relationship, checks and balances would develop. Those examples are, therefore, relevant.

[Cog]

If only we embraced communism, had open borders, and made sure that transgendered people can pick our next cabinet can we be truly happy in our new utopia. At least that is what Bernie and Pocohauntas think.

[Revi]

I thought the stock market was supposed to be fixed, but the dow was down again. Can't they print up more funny money and fix it? At least Tesla's up, a lot! They are blaming the stock price drop on the fact that the market is finally taking the coronavirus seriously. Seriously!

https://www.marketwatch.com/investing/stock/tsla

[Cog]

The stock market loves certainty. When trade disruptions happen there is a money move to perceived safety, at least temporarily. When the corona virus is better understood, on how it impacts global trade, the market will go back up as the money rolls back into more risky investments.

I would make the case that the stock market will predict the outcome of this virus better than will the CDC or WHO.

[StarvingLion]

$this->bbcode_second_pass_quote('Cog', 'T')he stock market loves certainty. When trade disruptions happen there is a money move to perceived safety, at least temporarily. When the corona virus is better understood, on how it impacts global trade, the market will go back up as the money rolls back into more risky investments.

I would make the case that the stock market will predict the outcome of this virus better than will the CDC or WHO.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'T')he stock market loves certainty. When trade disruptions happen there is a money move to perceived safety, at least temporarily. When the corona virus is better understood, on how it impacts global trade, the market will go back up as the money rolls back into more risky investments.

[evilgenius]

$this->bbcode_second_pass_quote('StarvingLion', '')$this->bbcode_second_pass_quote('Cog', 'T')he stock market loves certainty. When trade disruptions happen there is a money move to perceived safety, at least temporarily. When the corona virus is better understood, on how it impacts global trade, the market will go back up as the money rolls back into more risky investments.

I would make the case that the stock market will predict the outcome of this virus better than will the CDC or WHO.