Forum Post: Economic Class Warfare
Posted 13 years ago on Nov. 8, 2011, 11:34 a.m. EST by aahpat
(1407)
This content is user submitted and not an official statement
Wall Street, the Chicago commodities markets and the rich have been waging economic class warfare on the middle-class and poor of America for decades. It should be no surprise if or when some Americans come to the conclusion that they need to organize, find the ways and means to fight back.
Economic class warfare is what Wall Street does.
Only when the greed and corruption win out over responsible investing Which normally happens every couple or three decades usually. This bought of avarice has lasted longer than usual originating in the Reagan administration and growing unchecked since then. And it continues to grow like a fungus in a hot house. I fear that this genie will take some extreme action to put back into the bottle. Just as it took five years of city burning social unrest to end a hundred years of Jim Crow economic warfare.
They claim to be smart, but they never see these things coming.
Just like they thought housing prices would go up forever and it would not hurt them to lend money to people who couldn't afford it just so they could repossess the house and sell it on a booming market. What could go wrong?
Basically a bigger, costlier version of the buy here / pay here car dealerships. They essentially rent you a car at a much higher price than an actual rental, because you are "buying" it.
I beg to differ they didn't see it. If they didn't see it, why did so many take out insurance for it?
"class warfare" is a Marxist ideal to put people into groups and foster disdain and envy. It is an evil thing .
We need to fight back by quitting our jobs and moving to China. Then the bankers will know that we can strike back at them too as they will be left with no one to exploit.
http://www.youtube.com/watch?v=eiOFhaQ9GcI