View Poll Results: Does Corporatism in the USA compare to the Mideast?

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  • Absolutely not

    7 33.33%
  • To some small degree

    2 9.52%
  • Corporatism is corporatism and rampant

    6 28.57%
  • No such thing as Corporate dictators

    0 0%
  • USA cannot be compared to MidEast

    3 14.29%
  • Big money is Big power in every country

    7 33.33%
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Thread: Bankers are the dictators of the West

  1. #1
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    Bankers are the dictators of the West

    Robert Fisk: Bankers are the dictators of the West - Robert Fisk - Commentators - The Independent

    "The banks and the rating agencies have become the dictators of the West. Like the Mubaraks and Ben Alis, the banks believed and still believe they are owners of their countries. The elections which give them power have through the gutlessness and collusion of governments become as false as the polls to which the Arabs were forced to troop decade after decade to anoint their own national property owners. Goldman Sachs and the Royal Bank of Scotland became the Mubaraks and Ben Alis of the US and the UK, each gobbling up the people's wealth in bogus rewards and bonuses for their vicious bosses on a scale infinitely more rapacious than their greedy Arab dictator-brothers could imagine."

    This quote presents an interesting analogy between Corporate owned MidEast and Corporate owned USA. What thinks thou?

    Is this the dimension of OWS that the media is ignoring?

  2. #2
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    Re: Bankers are the dictators of the West

    they are more akin to feudal lords.

  3. #3
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    Re: Bankers are the dictators of the West

    The Rothschild family in the 1800's used their banks to hide their money and took advantage of wars, countries and world events to increase their wealth and position. The Rockefeller family controlled 70% of the world's refined oil before Standard Oil was broken up in 1911 to 34 companies due to the Sherman Antitrust Act. It's not a tightly controlled conspiracy but loosely organized groups with the common denominator of greed. Capitalism isn't immoral in it's design though its tenets of profit first are often used to justify unethical behavior.

    When Alan Greenspan was asked, "couldn't you have prevented the credit boom and bust"? And he replied with a wry grin, "not really because it's human nature and will happen again".

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    Re: Bankers are the dictators of the West

    Quote Originally Posted by grip View Post
    The Rothschild family in the 1800's used their banks to hide their money and took advantage of wars, countries and world events to increase their wealth and position. The Rockefeller family controlled 70% of the world's refined oil before Standard Oil was broken up in 1911 to 34 companies due to the Sherman Antitrust Act. It's not a tightly controlled conspiracy but loosely organized groups with the common denominator of greed. Capitalism isn't immoral in it's design though its tenets of profit first are often used to justify unethical behavior.

    When Alan Greenspan was asked, "couldn't you have prevented the credit boom and bust"? And he replied with a wry grin, "not really because it's human nature and will happen again".
    This makes sense; post # 1 does not.
    I suspect that post 1 wishes to discredit OWS.

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    Re: Bankers are the dictators of the West

    Quote Originally Posted by earthworm View Post
    This makes sense; post # 1 does not.
    I suspect that post 1 wishes to discredit OWS.
    Certainly no discredit of OWS intended or implied. The media does not like to talk about OWS because it's target is Wall Street. That would include what Wall Street owns and controls, like gov't and justice. That would be Corporatism working virally, not to be confused with Capitalism. Sounds like Egypt to me.

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    Re: Bankers are the dictators of the West

    Quote Originally Posted by DaveFagan View Post
    Robert Fisk: Bankers are the dictators of the West - Robert Fisk - Commentators - The Independent

    "The banks and the rating agencies have become the dictators of the West. Like the Mubaraks and Ben Alis, the banks believed – and still believe – they are owners of their countries. The elections which give them power have – through the gutlessness and collusion of governments – become as false as the polls to which the Arabs were forced to troop decade after decade to anoint their own national property owners. Goldman Sachs and the Royal Bank of Scotland became the Mubaraks and Ben Alis of the US and the UK, each gobbling up the people's wealth in bogus rewards and bonuses for their vicious bosses on a scale infinitely more rapacious than their greedy Arab dictator-brothers could imagine."

    This quote presents an interesting analogy between Corporate owned MidEast and Corporate owned USA. What thinks thou?

    Is this the dimension of OWS that the media is ignoring?
    Lololololololololol
    This pretty much sums up the entire thread
    "The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all" - Joan Robinson
    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries" - Winston Churchill

  7. #7
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    Re: Bankers are the dictators of the West

    Quote Originally Posted by DaveFagan View Post
    Certainly no discredit of OWS intended or implied. The media does not like to talk about OWS because it's target is Wall Street. That would include what Wall Street owns and controls, like gov't and justice. That would be Corporatism working virally, not to be confused with Capitalism. Sounds like Egypt to me.
    I'm going to agree that Corporatism has evolved into something beyond the definition of Capitalism. Capitalism was meant to be tempered by government regulations, agencies and antitrust laws, which have become overly influenced by corporate wealth and control. They've been able to convince the legislators in governments to change trade policies to increase globalization, which at first seems to improve economies but ultimately makes them more susceptible to systemic weakness. Because they're all connected if one falls they can potentially all fall.

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    Re: Bankers are the dictators of the West

    From the OP link:

    But, forgive me, who are these creatures whose ratings agencies now put more fear into the French than Rommel did in 1940?

    Not sure I buy the whole polemic, but damn that's a good line.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

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    Re: Bankers are the dictators of the West

    Bankers don't scare me like they scare other people.
    I love the smell of burning moonbat in the morning.

  10. #10
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    Re: Bankers are the dictators of the West

    Quote Originally Posted by Proud South Korean View Post
    Lololololololololol
    This pretty much sums up the entire thread
    Ought to be in the nutty conspiracy section

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