The Neoliberal Republican Capitalist agenda resolves around the ending of a democratic system of government, in favor of corporate Panic Indicators of Debt Back Markets 1. Little to no regulation or deregulation of financial markets, basic social safety net minimal standard of living 2. High investment speculation weak banking system 3. High debt to income ratio tax structure favors higher incomes 4. The transfer of debt from industry, financial and wealthy institutions onto the general public with bailouts or as lender of last resort in the 1870 and 1920 this transfer was in the removal of resources including food from colonial territories and 2008 transfer of debt onto the general population. 5. Extreme separation of wealth and inequality mixed with Collateral population shifts, forces movements of peoples. In each of the declared decisions a common theme is present, the spark that ignited a string of events, followed by significant set of triggers beginning after elected officials’ ignored the risk for personal gain, which led to a full-blown crisis in the fall of 2008. A comparison of each era supported by documents included in The Financial Crisis Inquirer Report US Government discloses the majority report included factual information regarding the markets inability to self-correct, and many red flags were ignored. Today we have 3 triggers in place 1. Sequester, 2. Government Shutdown, 3. Debt Ceiling.
Posted on: Wed, 09 Oct 2013 00:19:50 +0000
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