[QUOTE=Little Stevie;1051849427][SIZE=3][COLOR=Purple]Unfettered Capitalism IS the problem! It is what collapsed the economy, burst the housing bubble, started two wars over oil and wreaking havoc with the health and viability of our planet. Thank God you don't have the ke
ys to the kingdom. Our rivers would again be catching fire and our water supply would be toxic with your buddies in the Teapublican Party at the helm. Citizens United is the dying canary in the coal mine, STOOOPID!
I dont want to rain on your parade Stevie but the housing bubble as are most bubbles can be directly tied to the Fed Reserve. Do some homework! The keys to the kingdom are held by a small group of people that control the Worlds money supply, it is sad that you persist in proving your ignorance on this board.
This has nothing to do with capitalism, but everything to do with a progressive ( Woodrow Wilson ) turning over control of our money and its supply to 12 banks and their respective owners.
http://en.wikipedia.org/wiki/Woodrow...l_Reserve_1913
Federal Reserve 1913
Wilson secured passage of the Federal Reserve Act in late 1913. Wilson had tried to find a middle ground between conservative Republicans, led by Senator Nelson W. Aldrich, and the powerful left wing of the Democratic party, led by William Jennings Bryan, who strenuously denounced private banks and Wall Street. The latter group wanted a government-owned central bank that could print paper money as Congress required. The compromise, based on the Aldrich Plan but sponsored by Democratic Congressmen Carter Glass and Robert Owen, allowed the private banks to control the 12 regional Federal Reserve Banks, but appeased the agrarians by placing controlling interest in the System in a central board appointed by the president with Senate approval. Moreover, Wilson convinced Bryan's supporters that because Federal Reserve notes were obligations of the government, the plan met their demands for an elastic currency. Having 12 regional banks was meant to weaken the influence of the powerful New York banks, a key demand of Bryan's allies in the South and West. This decentralization was a key factor in winning Glass' support.[79] The final plan passed in December 1913. Some bankers felt it gave too much control to Washington, and some reformers felt it allowed bankers to maintain too much power. Several Congressmen claimed that New York bankers feigned their disapproval.[80]
Wilson named Paul Warburg and other prominent bankers to direct the new system. While power was supposed to be decentralized, the New York branch dominated the Fed as the "first among equals".[81] The new system began operations in 1915 and played a major role in financing the Allied and American war effort.[82] The strengthening of the Federal Reserve was later a major accomplishment of the New Deal.[83]
Now you can bitch and moan, call me names, criticize my command of the the English language but it doesn't make you right.
Ask yourself who owns these banks that Wilson sold out to.
Ask yourself why the US Govt has never been allowed to see the books.
Ask yourself why we had the Great Depression in 1929 and why many think it was no more than a giant land grab.
There are many problems with capitalism but there are many problems with most forms of anything, because there are always those few that have to have control.
So why is taxing and spending so appealing to you?
Why is bigger Govt. more appealing to you.
Do you honestly feel a bigger Govt. will do its job that it can be controlled by anyone?
These are legitimate questions, i would respectively ask for polite diatribe instead of insults.
Now it Makes Sense
