Will Greenspan, Rubin, Summers have to be executed?

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xenon13
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23 May 2010, 3:31 am

Obama's Cat Food Commission is in business and as part of the preliminaries they trotted out the villains of the recent melt-down who proceeded to wag their fingers at everyone else telling them that they'll have to forget retirement and a pension as the price to pay for their own folly.

That these people had the nerve to show up in public to do this indicates the low opinion the plutocracy has for the rest of us. They supposedly bungled, they should not be seen again. Clearly they didn't bungle, everything went according to plan.

Obviously they are evil and won't be stopped without violence. I wonder if their execution is the only way we will know they are defeated.



Sand
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23 May 2010, 3:35 am

Since Obama is a member of the crew it seems punishment is unlikely.



xenon13
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23 May 2010, 3:41 am

A regime change would have to precede the executions of course, such a change can take place without overthrowing the constitution. The Chinese know how to take care of economic saboteurs. If these people really bungled so much they should be eternally disgraced at least and forced to a lifetime of penance. Clearly the plutocracy is congratulating them for a job well done. This plutocracy, the rule of which is not endorsed under the American constitution, will need to be removed for any progress to be made at all.

I think that hatred should be whipped up against this scum. They should fear for their lives as they clearly are terrorists against the American people, using fear and terror in order to get them to surrender their rights.



skafather84
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23 May 2010, 3:44 am

You must be kidding, right?

At most, there may be a show trial but it'd be doubtful that people so directly connected to the issue would be brought to trial.


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xenon13
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23 May 2010, 3:50 am

Unless there is a revolution, indeed, justice will never be done. That scum will continue to laugh at the people. At least the people should make their lives a Hell, repay them in kind. They are terrorists and must be punished as such.

I see a lot of fatalism and defeatism. That's what this scum has done to you.



Sand
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23 May 2010, 4:09 am

There is no doubt that the damage done by the oligarchy immensely overwhelms anything done by any terrorist efforts but all media, all administration and legislative power is under their their thumb. There are only rare ineffective street protests of no real note. The Tea Party is also part of their strategy. They are too powerful. Democracy is an illusion.



pandabear
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23 May 2010, 11:29 am

Alan Greenspan used to be regarded as such a genius and a hero. Even by faculty members in economics departments who really should have known better.

It just goes to show: economists are capable of being dangerous idiots, although a few of them get extraodinarily lucky and get away with faking things for the short term.



Master_Pedant
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23 May 2010, 11:52 am

pandabear wrote:
Alan Greenspan used to be regarded as such a genius and a hero. Even by faculty members in economics departments who really should have known better.

It just goes to show: economists are capable of being dangerous idiots, although a few of them get extraodinarily lucky and get away with faking things for the short term.


And a few of them (i.e., Dean Baker) really are geniuses.

As for the OP, this (quasi-Marxian) idea is not only absurd, impossible, and outlandish at its core - it also reveals the worse in revenge mentality.



Last edited by Master_Pedant on 23 May 2010, 12:34 pm, edited 1 time in total.

pandabear
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23 May 2010, 12:24 pm

Stalin was similarly hailed as a hero during his lifetime.

Now, cities that had been named after him have been renamed. His monuments have been taken down.

Maybe the ironically named Ronald Reagan Washington National Airport will eventually be renamed.



Master_Pedant
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23 May 2010, 12:40 pm

[youtube]http://www.youtube.com/watch?v=UfR_gPzTMnk[/youtube]



pandabear
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23 May 2010, 12:53 pm

Ah. At last an economist that makes sense.



xenon13
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23 May 2010, 1:03 pm

The OP may have been a little harsh because of drink but the essential thought remains. What is it that will prove that these people are defeated and how can this be done?

People at least should make it clear that these people must be removed from the levers of decision making. There needs to be real pressure.

There have been articles published in recent days about "sharpening the guillotines", so even some people in the media seem to think that these plutocrats are really pushing it.

Certain behaviours are discouraged in the community, people who do things are reminded of the disapproval that society has for them. People need to show open disapproval of these people, these people should feel hated when they go out and about town. That's what I was trying to say earlier on. This is not about revenge, it's about exacting a price for damaging lives wantonly in order to discourage such things from happening in future.



Master_Pedant
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23 May 2010, 1:10 pm

pandabear wrote:
Ah. At last an economist that makes sense.


Dean Baker wrote:
Another Front Page Editorial on Deficits at the Washington Post
Tuesday, 11 May 2010 04:38
Share The Washington Post (a.k.a. Fox on 15th Street) is getting ever more aggressive in pushing its anti-welfare state agenda. A front page news article on the Greek financial crisis told readers that: "And though economists and other analysts generally agreed that the program was necessary to prevent a full-blown financial crisis, they also agreed that it won't work unless European governments follow through on promises to bring down their large deficits and restructure their economies to become more competitive."

It then added: "'We can't finance our social model anymore -- with 1 percent structural growth we can't play a role in the world,' European Council President Herman Van Rompuy said Monday in remarks at the World Economic Forum in Brussels, just hours after European Union finance ministers approved the new program."

In fact, there is nothing resembling the consensus about the failure of Europe's social model that this editorial implies. Unlike the United States, Europe as a whole has generally run balance of trade surpluses, suggesting that the European economies are more competitive than the U.S. economy. It is also worth noting that the welfare states in the countries facing crises right now (Greece, Portugal, Spain, and Ireland) rank among the weaker ones in Europe. The relatively healthy economies of France, Germany, the Netherlands, and the Scandanavian countries all have much stronger welfare states.

It's also worth noting how Europe and the world got into this crisis. The problems originated in letting housing bubbles grow unchecked and creating enormous economic imbalances. Apparently, news of the housing bubble still has not reached the Post.


http://www.cepr.net/index.php/blogs/bea ... gton-post/



Master_Pedant
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23 May 2010, 1:12 pm

xenon13 wrote:
The OP may have been a little harsh because of drink but the essential thought remains. What is it that will prove that these people are defeated and how can this be done?

People at least should make it clear that these people must be removed from the levers of decision making. There needs to be real pressure.

There have been articles published in recent days about "sharpening the guillotines", so even some people in the media seem to think that these plutocrats are really pushing it.

Certain behaviours are discouraged in the community, people who do things are reminded of the disapproval that society has for them. People need to show open disapproval of these people, these people should feel hated when they go out and about town. That's what I was trying to say earlier on. This is not about revenge, it's about exacting a price for damaging lives wantonly in order to discourage such things from happening in future.


Massive, bi-ideological (grassroots Left & Right), week-long sustained protests on Capitol Hill for their removal.



ruveyn
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23 May 2010, 1:53 pm

xenon13 wrote:
Obama's Cat Food Commission is in business and as part of the preliminaries they trotted out the villains of the recent melt-down who proceeded to wag their fingers at everyone else telling them that they'll have to forget retirement and a pension as the price to pay for their own folly.

That these people had the nerve to show up in public to do this indicates the low opinion the plutocracy has for the rest of us. They supposedly bungled, they should not be seen again. Clearly they didn't bungle, everything went according to plan.

Obviously they are evil and won't be stopped without violence. I wonder if their execution is the only way we will know they are defeated.


I find some of your views extreme, bordering on insane. The violence you propose will solve nothing.

ruveyn