| I'm listening to the Republican reaction to | | | | The facts have always proven out that capitalists |
| President Obama's first speech to Congress, and | | | | will always seek the most profit for the least |
| not hearing anything new: lower taxes, stimulate | | | | cost, and the public pays. Ironic, because the |
| the economy, and we need less government. | | | | corporations need the public as consumers, else |
| Didn't we just have less government in the form | | | | no sales, no profits, and over time, no |
| of deregulation of banking, and everyone is now | | | | corporations. They need to realize that a healthy, |
| feeling the results? | | | | well-paid consumer equates to successful sales |
| We may as well have handed all those executives | | | | and profits, and capitalism succeeds as intended. |
| blank checks in the name of their companies, with | | | | This means higher salaries paid universally to |
| the instructions "here's billions to play with, and no | | | | workers would benefit everyone, but no |
| federal oversight - go stimulate the economy". Of | | | | companies want to raise wages. Less taxes for |
| course, a lot of the money went overseas, | | | | workers, more taxes for corporations would also |
| stimulating other economies at the expense of | | | | increase consumerism, but how many so-called |
| our own. Call it outsourcing, or investing in | | | | experts do you hear saying that works? |
| emerging economies, the simple fact is that our | | | | Corporations say they pass on the taxes to |
| money flowed out and not much came back. | | | | consumers, so you're raising prices on consumers, |
| If we leave it all up to capitalists, the results would | | | | but how about lowering corporate profit |
| have been worse, and likely quicker. We have | | | | expectations, rather than expecting more and |
| public committee oversight of utilities to keep | | | | more annually? A healthy but sustainable profit is |
| them from making mistakes with the energy we | | | | more valuable over time than ridiculously high |
| all need to survive. Why not the same for the | | | | profits that bankrupt everyone, such as when oil |
| banking industry? We act like they must be | | | | was over $140 per barrel. |
| responsible fiscally, they have business or | | | | They can't charge us more annually for the same |
| economic degrees. Well, the federal reserve had | | | | goods and think that a six-hundred dollar rebate |
| 1600 economists with degrees working full-time | | | | makes up for the daily gouging we go through on |
| before this crisis occurred, and it still happened. | | | | both sides: higher prices and wages that don't |
| One side blames Congress, the other the | | | | keep up. This is the real root of the problem, the |
| President, but the simple fact has been that for | | | | system as it is operating doesn't work over time, |
| decades the capitalists argued for more and more | | | | more of the wealth produced has to be given to |
| deregulation and it failed when they got it. They | | | | the working class, the consumers that pay for all |
| tried in England, and Prime Minister Thatcher had | | | | the profits with purchases. |
| to end deregulation after U.S. corporations raised | | | | Having a few more millionaires buying expensive |
| water and utility rates 200-300%. They tried it in | | | | boats doesn't stimulate the overall economy, it's |
| Argentina through pressure from the IMF and | | | | time we gave up that unrealistic dream; most of |
| World Bank in order to get loans, and it resulted in | | | | us will never get wealthy from capitalism, we'll |
| higher utility prices along with lower wages, then | | | | simply work for a wage all our lives and hope to |
| massive civil unrest and imposition of martial law. | | | | live comfortably, and that should be enough. |
