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Forum Post: The Bad News, Most Americans don’t Grasp their Situation, the Propaganda, the Criminals | The Good News, “Occupation“ is Helping America to See

Posted 2 years ago on Feb. 1, 2012, 5:45 a.m. EST by JIFFYSQUID92 (-994) from Portland, OR
This content is user submitted and not an official statement

The Bad News, Most Americans don’t Grasp their Situation, the Propaganda, the Criminals | The Good News, “Occupation“ is Helping America to See

Prairie2 News

[In depth analysis of economics and other news. Reader comments welcome. Knowledge is the only way to win the war against the one percent. Enough people need to understand how economics really works. Facts do have a liberal bias --]

272 billion reasons to feel depressed

In case you’ve missed the good news on the corporate media; the total GDP of the US is now greater than it was before the Bush crash. Not surprisingly, President Obama gets no credit for this. Just saving the auto industry is a big deal. Let’s cut through the Republican crap on this; the loans to GM and Chrysler weren’t designed to save those companies per se.

Detroit automakers could have in theory recovered using traditional bankruptcy protections, in other words by stiffing their creditors. The problem with this “solution” is that it would have in fact killed not only GM, Chrysler and Ford; but Toyota had said flatly that they would cease North American operations under the Republican solution pushed by Mitt Romney and Senators from the southern states.

The reason for this bleak outcome was that the huge debt load that the car makers were carrying was mostly owed to their parts suppliers, and as creditors they would have been wiped out in bankruptcy. Why Toyota? They were using even more American made parts than the so-called US companies.

Entire industries have disappeared from the US economy over the past 30 years; Obama can rightly claim this hasn’t happened on his watch, at least not so far. There is a fly in the recovery ointment however. We are producing this larger GDP with 6 million fewer workers. Many of these jobs were lost from the housing collapse that began in 2006, but many more were given pink slips the day after the 2008 election. These were planned layoffs and they were replaced by workers in Asia that had been put in place well in advance. Still more jobs simply dried up with the recession.

Another supposed bright spot is that we are exporting 40% more to China than before the crash, but the bright light is really an onrushing bullet train (made in China). Our trade deficit with China is just as high now as before the crash. We import four times as much as we export to China for a net loss of $272 billion last year, and that‘s just China, there‘s the oil deficit too.

You shouldn’t make too much of the huge sums of money we owe or the massive deficits; it’s all just paper. The point is that this money really doesn’t exist; the goods and services it represents have already been produced, consumed and forgotten. It amounts to nothing more than an excuse for some rich guys who did nothing to earn the money, and paid no taxes on the profits, to keep screwing with us, and taking away our real wealth. If we would put people in charge who actually worked for us instead of the 0.1 percent, the books could be made to balance.

It’s true that rebuilding America will be a big job. Much of the industrial heartland of this country looks like we were the losers of WWII instead of the winners. The actual losers have rebuilt and are thriving, so it can be done. Of course their heavy machinery was salvageable in the ruins, where ours has been crated up and sold to China. Their workers still knew how to use the machines, as we’ve gone a full generation without training replacements for the retiring workers.

We still need to be “liberated” and the people responsible taken to trial. The problem is that most Americans don’t grasp their situation, the propaganda still flows, the criminals still wield great power, and millions believe the bad guys are really the good guys. The good news is that we have a growing “occupation“ that is making it clear to more Americans everyday who the bad guys really are. Can we move beyond that to a post war rebuilding period? It’s too early to tell. questions@prairie2.com

15 Comments

15 Comments


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[-] 1 points by BetsyRoss (-744) 2 years ago

So, you are against the car manufacturers "stiffing" their creditors (auto parts suppliers) because it would have wiped out those creditors in the process.

But you are FOR students and home owners "stiffing" their creditors (loan suppliers) because you WANT to wipe out those creditors in the process.


You think that we "shouldn't make too much of the huge sums of money we owe" as a country-"our massive deficit" because it is all "just paper" that "does not really exist; the goods and services it represents have already been produced, consumed, and forgotten."

BUT-you think we SHOULD be irate about "the huge sums of money that the rich owes to US citizens" -even though THOSE "goods and services that money represented have already been produced, consumed, and forgotten."


OWS tells Americans all day every day that certain declared "bad guys" have taken our property, and stolen what does not belong to them, which most Americans are not sure of.

BUT then OWS destroys public/private property on camera, and tries to "take over" property that does not belong to them, which Americans are SURE makes them "bad guys".


OWS tells Americans to beware of propaganda and rhetoric.

But then Americans start learning what propaganda and rhetoric is and then they realize that OWS uses the exact same kind of propaganda and rhetoric that they say only "bad guys" engage in.


OWS is HELPING most Americans grasp their situation with more clarity, and the growing "occupation" IS making it clear to more Americans everyday that the "rich" aren't the only "bad guys" they need to stand up to.

[-] -1 points by JIFFYSQUID92 (-994) from Portland, OR 2 years ago

WOW! A big hard block made entirely of shit. And since the author went such trouble to contrive it, the author knows it's complete shit.

[-] 1 points by GirlFriday (17435) 2 years ago

That was funny.

[-] 0 points by JIFFYSQUID92 (-994) from Portland, OR 2 years ago

Nothing is funnier than the truth.

Look at what trouble the author went to to quell any possible argument. Too bad it has little to do with the actual facts.

[-] 1 points by ShubeLMorgan2 (1088) from New York, NY 2 years ago

"Much of the industrial heartland of this country looks like we were the losers of WWII instead of the winners. The actual losers have rebuilt and are thriving, so it can be done. Of course their heavy machinery was salvageable in the ruins, where ours has been crated up and sold to China. Their workers still knew how to use the machines, as we’ve gone a full generation without training replacements for the retiring workers."

This is not said often enough. In a way the US is worse off than Japan and Germany were after WWII.

[-] 1 points by freakyfriday (179) 2 years ago

You DO realize the US rebuilt these countries? That's why Japan's steel industry was burying us in the 70's. Their plants were newer and more efficient.

[-] 1 points by ShubeLMorgan2 (1088) from New York, NY 2 years ago

Yes, the US had a lot to do with the reconstruction of Japanese and German industry. Also much of the heavy machinery in those countries was intact as were the skills of many of their workers who survived the war. We carted up our heavy machinery and sent it off to China. We've lost most of the skills base also.

[-] 1 points by BetsyRoss (-744) 2 years ago

Let's see, if we bring back/built new "heavy machinery" here in the US we can be as liberated and damaging to the environment as China is!!

[-] 1 points by arturo (3169) from Shanghai, Shanghai 2 years ago

Being able to make our own stuff is a big part of independence. Hopefully we can reduce damage to the environment through improved technology, rather than the elimination of technology.

[-] 1 points by ShubeLMorgan2 (1088) from New York, NY 2 years ago

Well, we are still in the industrial age. things we want, need and like are made by industrial processes, just maybe not so much here in the US but globally. Think buildings, cars, shirts. Industry.

[-] -1 points by JIFFYSQUID92 (-994) from Portland, OR 2 years ago

Sad but true.

Japan and Germany were restructured as democratic-socialist states, so capitalism was not allowed to run roughshod as it still is here.

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 2 years ago

Nice. What's the link?

[-] 0 points by JIFFYSQUID92 (-994) from Portland, OR 2 years ago

http://www.prairie2.com/

As heard on the GREAT Mike Malloy Show. LW Radio Talk: http://www.mikemalloy.com/

Others to hear are Randi Rhodes: http://www.randirhodes.com/main.html

Thom Hartmann: http://www.thomhartmann.com/radio

Norman Goldman: http://normangoldman.com/

Listen and read all about it! Many more!! SPREAD THE WORD!!

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[-] -1 points by owsleader2038 (-10) 2 years ago

The MSM will only show 'violence' its the only angle of OWS that they will cover, and OWS will deliver to get their 15 minutes of fame.

The USA is too far gone, ...no nation in history this far gone has ever survived, we're already too far over the edge, ... orderly default and civil war is all that can follow now, and the safest place to lay out the storm is far away from the storm.

Historically when a nation's debt exceeds its GDP its terminally fucked, ... well the USA is terminally fucked.

You talk about how assets were sold, well look at this way, folks in the know knew the US was going down 20 years ago, and got their assets out of this country years ago. Ok, ... its already too late, ... most of you should have already sold your homes got your passports and secured a long-term visa elsewhere, ...

[-] -2 points by owsleader2038 (-10) 2 years ago

Well comrade, ... its NOT going to happen the average US citizen cares nothing other than reality TV and the fuel in his car tank.

It's why I always remind fellow REBEL's, cuz that's what we are is REBEL's with a CAUSE.

During the US revolution less than 5% of the US public participated, ... most were too busy with their lives, ....