American capitalism gone with a whimper

[calfoxwc]

http://english.pravda.ru/opinion/columnists/107459-1/

 

American capitalism gone with a whimper

 

27.04.2009 Source: Pravda.Ru URL: http://english.pravda.ru/opinion/columnist...an_capitalism-0

 

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

 

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

 

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

 

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.

 

Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

 

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

 

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

 

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.

 

Then came Barack Obama's command that GM's (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of "pure" free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

 

So it should be no surprise, that the American president has followed this up with a "bold" move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK's Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our "wise" Anglo-Saxon fools find out the folly of their own pride.

 

Again, the American public has taken this with barely a whimper...but a "freeman" whimper.

 

So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set "fair" maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.

 

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

 

The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.

 

Stanislav Mishin

 

The article has been reprinted with the kind permission from the author and originally appears on his blog, Mat Rodina

 

 

 

 

 

 

 

 

 

[Kosar_For_President]

What a cute bipartisan middle school essay. It's like you post the same article over and over again with the paragraphs moved around in a different order. The truth is America has been for sale for years. Like this article is a revelation of what's going on in America. The shit he writes is SO hard to see, lol, what a genius. He really puts things in perspective, yea if you're 10 years old. Come on, Cal, your like a comedian that can't write new material, so played.

[calfoxwc]

Well,

 

I consider it interesting because of the source, and the same take from

 

a source that isn't the usual.

 

THAT was the point, which, you miss again.

 

Look at the source of the material. That's the point.

 

 

 

 

[Mr. T]

Socialism is here and the dumbed downed populas continue to ignore it.

[Mr. T]

GM wanted to file Bankruptcy, but not before the fascist Obamanoids got ahold of it and told them what they can and cant do.

 

 

 

Each day we move closer to socialism, and before that can really take hold we will see more fascist moves such as taking control of banks, now taking control of industry. Whats up next? healthcare.

 

 

For all of you who voted for the american idol Obama, I hope your proud to be able to tell your children and grandchildren you voted away America..... Suckers!

[Guest mz.]

Socialism is here and the dumbed downed populas continue to ignore it.

 

Seriously, and I say this with all due respect, but why is it the morons always, without fail, think the "others" are the dumb ones.

 

It is absolutely comical.

[calfoxwc]

Actually, "dumbed down" does not refer to morons or dumb people.

 

It refers to otherwise bright, articulate people whose liberalism

 

causes them to have a reality fog surround their psyches.

 

Just helping ya out with a concise definition of terms.

[Guest mz.]

Actually, "dumbed down" does not refer to morons or dumb people.

 

It refers to otherwise bright, articulate people whose liberalism

 

causes them to have a reality fog surround their psyches.

 

Just helping ya out with a concise definition of terms.

 

Dumbed down refers to making complex things easier for the stupid to comprehend.

 

The tenets of Socialism, or any other ism for that matter, are so far above Mr. T's head that it is impossible to dumb them down enough for him, and the rest of the Palinites, to understand.

 

So they just cry Socialism! and think they're smart.

 

Which is beyond funny.

[calfoxwc]

My definition is more valid than your definition.

 

You're biased. GGG

[Mr. T]

Dumbed down refers to making complex things easier for the stupid to comprehend.

 

The tenets of Socialism, or any other ism for that matter, are so far above Mr. T's head that it is impossible to dumb them down enough for him, and the rest of the Palinites, to understand.

 

So they just cry Socialism! and think they're smart.

 

Which is beyond funny.

 

 

Coming from you its only funny and misguided.

 

Just remember when dumbing down the subject matter so even the dumbest liberal can get an "A" in school means the smarter students wont have to apply themselves so now they all become equal. thats your utopia, and I do believe you were part of that educational process.

[Guest mz.]

Coming from you its only funny and misguided.

 

Just remember when dumbing down the subject matter so even the dumbest liberal can get an "A" in school means the smarter students wont have to apply themselves so now they all become equal. thats your utopia, and I do believe you were part of that educational process.

 

The Browns Board Political Discussion Forum: the only place where a comprehensive and formal education is frowned upon.

 

Here's T's "Senior" class photo. He's top row, 4th from the left.

 

[calfoxwc]

Why is it that only a few libs want to try to ridicule others for not going to THEIR college or not getting THEIR

 

degree or not having THEIR career or not having THEIR opinions?

 

I know a farmer who quit high school back in the day that could out-think, out-logic and out-common-sense

 

you.

 

I call it arrogance as a psychological self-defense mechanism, as a guess.

[Mr. T]

I may of not been able to finish college and get some BS degree, but I have still managed to make good money, and probably more than what mz the pussy is getting paid even with his 9 years of college.

 

I have seen many people scared of going into the work place so they stayed in school and finished every major they could before they felt secure enough to fill out a job application.

 

 

 

But other than mz the pussy wrecking the thread once again, may he go on with a whimper.

 

Miz did you add these to your art collection?

 

 

 

.

[Guest mz.]

I call it arrogance as a psychological self-defense mechanism, as a guess.

 

Just as I can call T's (and your) continued blasting of formalized education a rationalization of something you were afraid to challenge yourself with or perhaps just intellectually unable to tackle. Either way, we could argue this forever.

 

But you could certainly call T a hypocrite for calling college "BS" and playing the always humorous "I make more than you" card while most likely attempting to pit his kid(s) through college...

[Kosar_For_President]

Come one T, that's unfair bro. Just because someone went to college to better themselves. I think we both grew up and work in the same industry. With 10 years experience under my belt, I went back to college and got a Masters. First, it was fun and second it's makes ya feel good. There are other aspects to going to college other then just getting a job. I have over 280 undergraduate credits, no shit! It's wasn't about the degrees (although nice) it was about learning and having fun with learning. Yea I have 3 degrees and 2 minors, who gives a shit, it's just paper. Yea I owe a small house in student loans, but it was worth it.

 

Hey T, real quick, not to belittle our industry at all, do you know what occupation has the 5th highest rate of suicides? Printers.

[calfoxwc]

I had two years of college at Kent State, then went into the Air Force.

 

Biology and genetics classes at Wright State while I was in the Air Force.

 

Went to Akron after college, got my degree in computer science.

 

Nobody dissed college education. We just don't say it makes us a man,

 

or makes our opinions the absolute correct opinions.

 

We don't disagree with your stuff because of your education, but

 

because you're wrong.

 

IMHO, you couldn't hack farming. Too much stuff to know and be able to do.

 

You know, I once went and met a PHD at work years ago, in R&D. He was a polymer science

 

PHD from India. Well, I wrote a new program at the behest of the VP of R&D, and my results

 

(complex math computations) kept coming out different from the PHD's manual calcs (with his calculator...).

 

So, I double checked my code and the complex, long ass crazy formula and I knew I was correct.

 

Then the PHD got PO'd, and said he had all these honors from college and was a PHD and I wasn't

 

and I was a *&^%*&^ incompetent worker. And I simply walked to the VP's office, with him following.

 

Well, he repeated his "I'm a PHD and this buffoon has insulted me by doing it this way and making my

 

calculations look wrong" etc etc etc. And he was angry. I sat there, and went to the white board and

 

explained.

 

So, the VP asked me to excuse them and I went back to work.

 

Later, the PHD walked solemnly out of his office, sent to his office, and left for lunch.

 

The VP asked me to go to lunch with him. And, laughing, said I was absolutely correct and the PHD

 

didn't take it too well.

 

You know, it took about 3 weeks for him to take me to lunch and apologize! He said word got out, and

 

he was asking people about all the many technical programs I'd done, and really came away amazed how

 

people respected my work. He said he was from a high caste in India, where respect often manifests itself

 

in not disagreeing with him, ever.

 

He became a pretty neat human being that day, and we got along excellently from then on.

 

It's immature to use one's higher education to belittle others. And it's sad.

 

And, sometimes it comes back to bite you in the butt.

[calfoxwc]

And, the lack of a formal education?

 

The old farmer I know, his father got hurt, he quit high school and took over

 

a lot of the farming for his Dad to support their family.

 

A lot of folks didn't finish or go to college for some very courageous and caring reasons.

 

And any dissing them is completely uncalled for.

[Mr. T]

Come one T, that's unfair bro. Just because someone went to college to better themselves. I think we both grew up and work in the same industry. With 10 years experience under my belt, I went back to college and got a Masters. First, it was fun and second it's makes ya feel good. There are other aspects to going to college other then just getting a job. I have over 280 undergraduate credits, no shit! It's wasn't about the degrees (although nice) it was about learning and having fun with learning. Yea I have 3 degrees and 2 minors, who gives a shit, it's just paper. Yea I owe a small house in student loans, but it was worth it.

 

Hey T, real quick, not to belittle our industry at all, do you know what occupation has the 5th highest rate of suicides? Printers.

 

 

Sounds great I am glad you were able to do get your masters, I have been to busy working and raising a family.

 

The suicide thing is bad, I never knew that. maybe we need therapy May I suggest group therapy we can get some bats and beat the shit out of a fax machine.

 

I am not knocking miz i am stating reality

[Kosar_For_President]

It's immature to use one's higher education to belittle others. And it's sad.

 

I don't think you are talking to me here Cal. But I agree with you. I came from a poor ass family, dad on disability, the whole 9 yards. I am not wealthy by any means, believe me. There is a huge difference in being arrogant and being confident. Believe me, I NEVER forget where I came from. As your story implies, you felt pretty good putting that ass in his place. Just don't forget that when someone puts you in your place on this board, and when you answer the same way as your Indian "buddy" did, lol.

[ballpeen]

here is what should have happened with GM

 

http://www.ft.com/cms/s/0/cd00d2c6-4ee2-11...?nclick_check=1

 

 

 

How Washington blew GM’s bankruptcy

 

By Michael Levine

 

Published: June 1 2009 20:33 | Last updated: June 1 2009 20:33

 

As General Motors finally filed for bankruptcy on Monday, some critics of the move have already made the case that Congress, not a White House task force, should have planned the bankruptcy. They are right about one thing: a White House task force should not have planned the bankruptcy. But they are 180 degrees wrong about what the government should have done. The bankruptcy needed much less “public policy” input, not more. If GM were going through a “normal” bankruptcy, here is what would have happened:

 

When it saw it was running out of cash last November, GM would have been forced to put together a plan that immediately stopped its financial haemorrhaging by selectively suspending its obligations and asked for protection from its creditors by filing under Chapter 11 of the bankruptcy code. To keep going through the process without liquidating, it would have had to get a debtor-in-possession loan (a high-priority loan secured by all the company’s assets). As a condition of providing the DIP loan, the government, like a private lender, might have insisted upfront on installing a management committed to a successful bankruptcy. Once in bankruptcy, GM management would have been required to propose a reorganisation plan with a reasonable chance of success. GM would have been able to determine which contracts to reject, giving it the chance to restructure its dealer networks, supply and long-term debt, secured and unsecured. Crucially, using Section 1113 of the bankruptcy code, it would have been able to reform its labour contracts to the extent necessary to achieve a successful reorganisation. If its proposals are rejected by the union without good cause, the court can impose it.

 

During bankruptcy, GM would have been able to sell off divisions, facilities and brands. Finally, if a plan of reorganisation that was likely to get a better outcome than liquidation was proposed, the court would approve it and a “new” GM would emerge.

 

What would have been the impediments to doing this? Management would not face the inevitable, so GM had (perhaps deliberately) placed itself in a position where it needed money to keep going long enough to file for bankruptcy. No private credit might have been available for a DIP loan under the conditions prevailing then and now. If the filing was done without prior negotiation with unions and creditors, the proceeding might have been so messy and protracted that it could have substantially reduced the possibility of a successful reorganisation. The plan might not succeed. Notice that I have not mentioned that the filing and the actions taken to protect GM from its creditors would cause great pain to workers, suppliers, dealers and cities. That is because that pain will occur anyway.

 

What would have been the role for government in this scenario? Providing bridge financing and a DIP loan, and setting a much shorter deadline for filing than was ultimately adopted. The deadline would have forced all parties to negotiate as much “prepackaging” as possible, because the unions and unsecured creditors would not have wanted to take their chances on a filing, and the secured creditors could not have been assured of a rapid liquidation in such an important bankruptcy. The loan could have been secured by GM’s assets and a claim on its revenues, and not involved the government in owning and managing the company. The billions of dollars the government would have saved by starting this process last winter could have been used to alleviate collateral damage through aid to state governments, unemployment insurance, etc. Both of those activities would have met genuine needs, commercial and social, without the government being forced to own and manage GM.

 

Instead, the Obama administration overtly played favourites to get the United Auto Workers protection it would not have received under Section 1113, probably elevating costs in a way that will damage prospects for a successful reorganisation. It made and imposed business judgments on GM about what cars to make and what plants to close (and perhaps about suppliers and distribution) that no one in the government or on the task force had the experience to make and for which no one would be financially accountable. Worst of all, despite Sunday’s desperate attempt to distance itself from GM’s future decisions, it left its fingerprints all over the new plan. Inevitably the White House will take political and hence financial responsibility for its success, relieving pressure on management and labour to succeed. Ultimately it elected to adopt an industrial policy toward the industry that failed utterly in the UK, and has worked out badly and expensively in France and Italy.

 

Finally, in the process, it disturbed the security of expectation that has made lenders willing to provide capital as secured credit, thus handicapping all US industry and undermining what has been, for all its flaws, one of the best financial reorganisation processes in the world, now emulated elsewhere.

 

The administration took a tragic situation and turned it into an expensive mess to pay a political debt. It wasted billions of dollars over many months delaying GM’s filing and then implicitly put itself on the hook for many billions more. The financial, political and social echoes of that decision will be with us for a long time. In short, they blew it.

 

The writer is distinguished research scholar and senior lecturer at New York University School of Law

[Kosar_For_President]

here is what should have happened with GM

 

I agree here peen, Bush should of done something back in November.

 

[Mr. T]

I don't think you are talking to me here Cal. But I agree with you. I came from a poor ass family, dad on disability, the whole 9 yards. I am not wealthy by any means, believe me. There is a huge difference in being arrogant and being confident. Believe me, I NEVER forget where I came from. As your story implies, you felt pretty good putting that ass in his place. Just don't forget that when someone puts you in your place on this board, and when you answer the same way as your Indian "buddy" did, lol.

 

 

Its a shame that when some people on the board dont have anything to say about a thread their only defense is to begin attacking the poster.

 

 

 

 

[Kosar_For_President]

Its a shame that when some people on the board dont have anything to say about a thread their only defense is to begin attacking the poster.

 

I'm not attacking him T, just having some fun. Wow, if you think this is attacking him, look at some previous posts.

[Mr. T]

I'm not attacking him T, just having some fun. Wow, if you think this is attacking him, look at some previous posts.

 

 

Hey I am fine with everybody here until someone starts peeing down my back and says its raining.

 

I enjoy reading all opinions.

[Guest mz.]

It's immature to use one's higher education to belittle others. And it's sad.

 

Yes, but this is where this whole thing started, so say what you will.

 

Just remember when dumbing down the subject matter so even the dumbest liberal can get an "A" in school means the smarter students wont have to apply themselves so now they all become equal.

[Mr. T]

.

Not only is it raining down your back but theres a flaming paper bag on your porch.

 

 

You need to go wash your hands, your supposed to use a shovel when filling the bag.

 

Smell your fingers.

[Mr. T]

http://english.pravda.ru/opinion/columnists/107459-1/

 

American capitalism gone with a whimper

 

27.04.2009 Source: Pravda.Ru URL: http://english.pravda.ru/opinion/columnist...an_capitalism-0

 

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

 

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

 

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

 

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.

 

Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

 

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

 

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

 

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.

 

Then came Barack Obama's command that GM's (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of "pure" free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

 

So it should be no surprise, that the American president has followed this up with a "bold" move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK's Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our "wise" Anglo-Saxon fools find out the folly of their own pride.

 

Again, the American public has taken this with barely a whimper...but a "freeman" whimper.

 

So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set "fair" maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.

 

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

 

The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.

 

Stanislav Mishin

 

The article has been reprinted with the kind permission from the author and originally appears on his blog, Mat Rodina

 

 

What is so ironic about this article it was written by a Russian.

 

And I can assure you that he knows a little of something on how the isms work, whatever it shall be facsism, marxism or communism.

 

 

He is right the world will snicker.

 

 

[Guest mz.]

Gosh, we've been putzing around here for soooo long now, looking for some direction and some quality leadership to help drag us out of these tough times, and here he was, this Pravda writer himself, right under our noses all along! Making fun of Americans as "McDonalds eaters" is not only fresh, but certainly putting us on the right track for success!!

 

Be careful who you start listening to/siding with, T. You wouldn't want to be labeled UNAMERICAN, would you?

[DieHardBrownsFan]

What is so ironic about this article it was written by a Russian.

 

And I can assure you that he knows a little of something on how the isms work, whatever it shall be fascism, Marxism or communism.

 

 

He is right the world will snicker.

The Russian writer hit the nail on the head. It is embarrassing to read, but true. All you liberal boys need to get yo head out yo asses and believe it. It seems that the more (SUPPOSED) education you have (mz the pussy 9 years, psych major (LMAO), and Kosar (Master-bater degree from CO State) are the most foolish on here, what do you think CAl, T, etc?

[Kosar_For_President]

The Russian writer hit the nail on the head. It is embarrassing to read, but true. All you liberal boys need to get yo head out yo asses and believe it. It seems that the more (SUPPOSED) education you have (mz the pussy 9 years, psych major (LMAO), and Kosar (Master-bater degree from CO State) are the most foolish on here, what do you think CAl, T, etc?

 

How Un-American of you. Siding with a Rushkie? You're a commie, numb nuts. Sorry I shouldn't say nuts Col Fitts might get excited.