30+ years of of aggressive deregulation, wage suppression, unchallenged monopolies and policy written for the corporations by the corporations for the sole purpose of accessing the US Treasury as as a primary income model have created a system in which all political action is now tethered to the profit motives of the trans-global mega-corporations. This system will fail due to basic supply/demand economics. If the bulk of the working population of any nation cannot afford to purchase goods and services without resorting to various forms of credit, there is no real economy.
There is nothing in our nation's history to suggest that we can survive in conditions where the majority of citizens have no meaningful non-credit based discretionary income available to them at the end of the month to purchase anything. Our nation's wealth and power was built on this concept and it is no longer applicable.
This has nothing to do with partisan politics. The terms 'conservative" and "liberal" have lost their meaning in what passes for debate in current times. The solutions to this problem are actually not that complicated when you remove the partisan blustering that is carefully designed to confuse, cajole and distract us from the simple essence of our current economy and direction as a country. The first steps as I see them are: Term limits, reinstating Glass/Steagal, amending the CFTC Modernization Act, and reinstating all relevant aspects of the Sherman Anti-Trust Act.
I absolutely believe that a free market cannot function with sane, fair regulatory oversight.
There has never been a more profitable and guaranteed business model than no-bid subcontracting from the US government. The entire necon model is predicated on removing "free market" risks and acquiring direct access to the US Treasury and it's Fed-controlled printing presses. All types of trans-global corporations now employ this as either their primary income model or at least their guaranteed backstop to risk. Clearly, unfettered monopoly capitalism cannot succeed without direct access to to our tax base. Corporate Socialism is the ultimate, and predictable, expression of the hard fascism these special interests have sought to guarantee their income models.
Sickly ironic, the entire psuedo-Libertarian concept of the "free market" as the ultimate impartial regulator of all transactions is in fact the polar opposite of the current increasingly fascist system we now have in place. And there is no better guaranteed income stream than to be on the supply side when the demand is artificially generated by a nation on permanent "war footing". As someone who actually embraces the concept of a sanely regulated free market, this entire bill of goods sold to the American public is totally offensive. We can have a smaller government that actually enforces common-sense regulation and oversight.
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