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Suggested Predictions
Ziibos (27)
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Comments (5)
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Suggested Predictions
Ziibos (27)
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Comments (5)
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http://www.myhowtoos.com/en/red-hot/5...
Fortunately, we are aware enough to know that continued nonintervention will lead to the Great Depression. In all seriousness, if there hadn't been a Great Depression, this would have been it - and our lives would be as bad as those who lived back then.
My fear though is that we're not addressing the deep, hidden flaws embedded in our way of life. We're too afraid of "socialism"... but the corporations aren't - and they'll use it against us. Just like "communism" (which in reality, the communism we fought was dictatorship - the inane fear stems from the fact that if the population actually embraced it, that would mean the end of gung-ho capitalism - the end of extravagant profits. Never mind the improval of the average American life - the oligarchy running this country isn't stupid). There's a reason why AIG can still afford those bonuses... even though they claimed to be in deep doodoo. Why the auto guys could still afford luxury travel, payed by the company, while firing thousands of jobs. Why a company can close an American factory and open a equal one in Mexico. I'm telling you, this isn't about the market - it's about a deep flaw in the capitalist system, which is disguised as democracy. True democracy would actually mean that we wouldn't have been in this position - the wealth gap would not be widening.
So even when we finally do recover, I can already see that my fellow Americans are still to naive to see that the corrupt underbelly of our "great" nation has exposed itself. Just because Obama "seems" like a people-guy on the level of Franklin doesn't mean he's not in the pockets of special interests... hence AIG's campaign contributions. A company in financial turmoil shelling out for a campaign? Something's rotten in the state of America.
I really wouldn't be that surprised if the immediate "crisis" extends until 2011, depending on whether the higher-ups decide if they like Obama. Chances are they do because he's an "ordinary guy" who connects with Americans. So expect it to get better to the point that we don't recognize it as a crisis and Obama gets reelected.