Posted 3 weeks ago on July 21, 2020, 9:49 a.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
You are not my first choice for president. Like Hillary, I'll hold my nose and vote for you. You are better than any conservative because you at least admit there are problems with the financial economy. But what we really need are politicians who understand that financial capitalism is a threat to the survival of the human race. Though they could never say that out loud and get elected in this benighted land, a few have shown that they comprehend the true state of affairs. I don't think you're there yet. I think you are still a true believer, like most Americans.
I don't fully understand why most Americans buy into the big lie that a booming Wall St is good for our economy. The fact is it indicates that the economy is more heavily burdened by non productive financial profits. Wall St grows like cancer: at the expense of the host economy. The health of the FIRE Sector is a measure of the rate of concentration of wealth with the ruling elite class and their principal servants. It's long past time to stop paying homage to the parasitic disease of compound interest and capital gains.
I know I've merely asserted conclusions. Anyone who's really paying attention and has thought about how the economy works knows the inevitability of a bad end for capitalism. I've written about it and covered most of the evidence and reasoning that proves it as have many before me, especially in the past two hundred years. Exodus and Leviticus include injunctions such as: "The land belongs to God and may not be sold forever." Moses wasn't the only Mesopotamian leader to acknowledge, write about and prescribe cures for the economy killing concentration of wealth by compound interest etc. (It's only implied in the Biblical version. Aristotle, Jesus and Mohammad spoke more dynamically on the subject.) It doesn't take a genius to see that the exponential growth of money and profits, without an expansion of production and consumption, can only be caused by the inflation of an abstract economic bubble that must eventually burst. A virtual economy is all that banking, insurance, investment and real estate have ever been.
So I don't need to spoon feed every little fact. In fact, you need to look up whatever is necessary to see these things for yourself. When you think about it and explore reality on your own, not by listening to the network news or some wholly owned and co-opted economics professor, you will come to the same conclusions I have.
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