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Here Ketchim! Develop What You Must Know..To Know Wha Go Orn!

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5 days 38 minutes ago - 4 days 23 hours ago #380912 by mapoui
Now man! if you want to beat up on Hudson..and PCR too..I deh with you. deh are :woohoo: :woohoo: :woohoo: MAD!, lunatic! :silly: :silly: :silly: :silly: not to want to end this skunt capitalist system..to devise ways the people can run the show in the interest of the whole society..rather than to find ways to give this system more life one more time. to continue the devils in power.

that is where those two are dead wrong and totally anti society..anti social...anti human progress and proper social evolution..they are the enemy of humanity and social evolution right here:woohoo: :woohoo: :woohoo: :woohoo:

and both ah dem should be roundly, totally, comprehensively condemned for betraying society by looking for ways to continue capitalism.

all the recommendations do if implement is to kick the capitalist problem dong the road for the next generations to deal with rather than resolve it now, at this point of total and qualitative social crisis caused by the total stage capitalism has evolved int..its total failure as a social system.

capitalism has evolved as far as it can go without enslaving the people totally. capitalism is done, finished and the only way it can continue to make profit is to cannibalize society and to enslave the people. and that is what Roberts and Hudson are helping them to do right here

and if you think I am kidding just watch: the capitalists will ignore Roberts and Hudson totally at this time, even doh they are proposing remedy to cure the utter mess the capitalist have made. the capitalist will proceed locking dong society and establishing 'full spectrum domination' over all of society..Roberts and the Hudson be dammed despite their economic palliatives..for that is what they are palliative... at this time when all the marbles are on the table.

capitalism has no answer for society, none! it never did and never will. it is a system to make profit and the class that wins that process becomes the dominant social class concerned only with their domination of society. what the hell else can they do..Nothing else! they cannot be concerned with anything else or they would be acting against their profit purpose and interest.

and to make profit at any and all levels involves cutting across human social need, to frustrate the aspirations of society as a whole, turning everything into capitalist profit. capitalism makes of society a huge prison in which all the needs of ordinary people who actually do the work that produces all the wealth, are not met.. while all the resources are bound up in a few hands who use it to imprison society.

LOOK HERE MAN! THERE ARE NO OTHER ANSWERS..THERE IS NO OTHER WAY OUT..THAT IS WHAT CAPITALISM IS AND FOR HUMANITY TO SURVIVE IT MUST GET RID OF CAPITALISM AND OPEN UP SYSTEMATICALLY TO OTHER FORMS OF SOCIAL ORGANIZATION THAT ARE CONSISTENT WITH HUMAN SURVIVAL, THAT INVOLVE ALL THE PEOPLE IN THE SOCIAL PROCESS ON A DEVELOPING LEVEL..UNTIL ALL HUMANS ARE DEVELOPED AND HUMANITY HAS EARNED SECURITY IN NATURE..THAT WE HAVE MADE IT SO THAT WE WILL BE AROUND FOR A LONG, LONG TIME IN NATURE.

CAPITALISM CANNOT ACHIEVE THAT FOR HUMANITY AT ALL..PERIOD!

THAT IS WHY WE ARE COLLECTIVELY AT DEATHS DOOR...ON ALL LEVELS OF LIFE...CAPITALISM BROUGHT US HERE..WHERE WAR, POLLUTION, DISEASES WE HAVE CREATED, CLIMATE CHANGE..YOU NAME IT CONTAIN THE LIKELIHOOD OF WIPING HUMANITY AS WE GO..NOW! RIGHT NOW!

so you want to beat up on Hudson..do it right here! you have the perfect opportunity right here and now!




www.unz.com/mhudson/a-brady-bond-solutio...able-corporate-debt/

The international financial system was rescued by the issue of Brady bonds – “good” new bonds for old “bad” ones. The capital value of these bonds was still far below the original debt, but they had the virtue of setting realistic levels by bringing the debt balance more in line with the actual ability of debtor countries to earn the dollars or other hard currencies needed to service bonds denominated in foreign currencies, mainly the US dollar.

The current crisis requires a similar write-down and recognition that fictitious price levels must give way to reality at some point. In fact, we have reached the end of an illusion – the illusion that bond (and stock) prices could be sustained indefinitely simply by financial engineering, without an economic base capable of producing enough surplus revenue to justify existing bond and stock prices.

So attractive were the former unrealistic bond and stock levels that the markets are still in the “denial phase” hoping that the Coronavirus bailout may be used as an opportunity for yet further infusion of money into the financial markets. But that merely postpones the inevitable adjustment to bring financial asset prices back in line with real economic capabilities.

Last edit: 4 days 23 hours ago by mapoui.

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5 days 36 minutes ago #380913 by mapoui
www.unz.com/proberts/debt-forgivness-and...the-economic-crisis/

The US airline companies have bankrupted themselves by buying back their stock in an enrichment scheme for CEOs and board members ( www.lewrockwell.com/2020/03/david-stockm...st-thieves-are-back/ ). With the impact of the virus on their revenues, Congress is handing them a $50 billion bailout. Instead of being bailed out they should be nationalized.

In the health and economic crisis in which we find ourselves, the government is going to need all the public trust it can get. Bailouts of those who caused their problems and ours won’t meet the fairness test.

As I previously wrote, nationalization is a four-letter word for many, but it actually offers a chance to correct for the decades of deregulation and concentration and thereby restore competition to the economy. Nationalized banks too-big-to-fail, for example, can later be broken up and the pieces sold back into private hands. Commercial banks can again be separated from investment banks, and concentrated financial power can be broken.

Now that we know that markets are not self-regulating, we can restore sensible financial regulation and require banks to lend for productive purposes, not for financializing and leveraging existing assets. The US financial system has not served the productive side of the US economy for a long time.

While ordinary heavily indebted Americans are losing their jobs right and left as businesses close, shopping center lobbyists are asking for a $1 trillion guarantee. The hotel industry wants $150 billion. The restaurant industry wants $145 billion. The National Association of Manufacturers wants $1.4 trillion. ( www.cnbc.com/2020/03/21/coronavirus-1-tr...-for-businesses.html ) Food service distributors are in trouble. Boeing wants $60 billion funded in part by loan guarantees. Local and state governments need support. The US conference of mayors wants $250 billion. The list is endles

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5 days 28 minutes ago #380916 by ketchim
Nationalized ? Forbes Burnham re-incarnated via Paul Roberts ?

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4 days 23 hours ago - 4 days 23 hours ago #380917 by mapoui

ketchim wrote: Nationalized ? Forbes Burnham re-incarnated via Paul Roberts ?


ketchim! you have to stop doing that eh! what happened under Burnham in Guyana is not what will happened USA 2020.

you have to look at the tow situations comprehensively to be able to tell the potential then 50 years ago in Guyana population of 200K...and now in the USA currently a developed nation of 340 million people. the world has traveled a long way since then..and relativity is involved...what happened 50 years ago is relative but how? you don't know so you cant 'lablash' nationalization into one seamless pot

nationalization has been used in many place for many economic reasons. some have been successful others not. Guyana and Forbes appear to have traumatized you. you have to get over it because your response every time to this makes you look stupid

what they both are saying..their nationalization is the essence of capitalism: investors should not get rewarded for failure. they failed..did they do it deliberately because they knew they would get bailed out at the peoples expense?

that is most likely the case..a massive fraud on the people FOR PROFIT!

Hudson/Roberts are saying simply is... if the people put in 50 billion to bail them out they actually are buying the god dam company so why not actually assume control. because the people will not ruin the company again to be bailed out at the peoples expense

dont you see the game that the government/corporations play on the people: they beat up on socialism, dance to the tune of self reliance and private enterprise when in truth and in fact they live off the peoples purse..SOCIALISMSIN REVERSE IN WHICH THE CORPORATIONS HAVE WORKED OUT WAYS TO STEAL THE PEOPLES MONEY BY DELIBERATE INEFFICIENCY: THEY DO NOT HAVE TO SUCCEED TO BE PROFITABLE INDEED THEY MUST FAIL, CRASH THE ECONOMY AND THEN GET THE FED TO BAIL THEM OUT AND PUT THE PRINTED TRILLIONS ON THE PEOPLES TAB

that is what QUANTITATIVE EASING HAS BEEN ALL ABOUT OVER A GENERATION NOW.

THAT IS HOW COME AMERICA IS SO MUCH IN DEBT..THAT IS ONE MASSIVE WAY THEY BLEED LIQUIDITY OUT OF THE SYSTEM AND CONCENTRATE WEALTH IN FEW HANDS..CARSHING THE ECONOMY FORCING THE NEED FOR EVEN MORE BAILOUT

THAT S CAPITALISM RIGHT NOW. AT THIS STAGE..THE CANNIBALIZING OF SOCIETY FOR PROFIT. NOTHING CAN GO ON IN SOCIETY SAVE FEEDING THE CAPITALIST. DON'T YOU SEE..NOTHING OF A PUBLIC NATURE IS GOING ON

WHEN THEY DO ANYTHING WITH THE PUBLIC IN MIND THEY PLACE IT IN THE HANDS OF 'PRIVATE INDUSTRY TO DO BY CONTRACT..AND TO MAX PROFIT OUT THEY CANNIBALIZE THOSE PROJECTS SO THEY RUN INTO SHIT LIKE THE PEOPLE HAVING TO DRINK SHIT WATER FROM CORRUPTED WATERWORKS PROJECTS TO CORRECT POLLUTION .., OR SUB-PAR HOUSING AND ROADS THEY ARE CONTRACTED TO BUILD.

YOU NAME IT THAT IS WHAT THE CAPITALISTS BUILD WITH THE PUBLIC'S MONEY the quality of the work they do..THAT IS CANNIBALIZING. SOCIETY COMES TO RESEMBLE A SCRAP HEAP EXCEPT WHERE THE CAPITALIST LIVE..NO MATTER HOW MUCH MONEY IS SPENT ON CLEANING UP, DEVELOPMENT ETC

YOU SEE THEY MUST GET THEIR PROFITS OUT PERIOD..AND THE COST IS ALWAYS A PROBLEM CAUSED BY CAPITALISM ITSELF. THE AMOUNT OF MONEY THEY CAUSE TO BE PRINTED AND ADDED TO THE ECONOMY..HELICOPTER MONEY.. CAUSES MASSIVE INFLATION AND HUGE COST THAT INTERFERES WITH THE MONEY ALLOCATED FOR THE PROJECTS.

WHEN THAT HAPPENS AND THERE IS NO MORE MONEY TO COME THEY SIMPLY CUT THE PROJECT ITSELF TO ENSURE THEIR AGREED TO PROFITS, BUILD WHATEVER THEY CAN WITH THE REMAINDER AND MOVE ON. THAT S HOW COME THE PEOPLE ENDING UP DRINKING SHIT-WATER FROM A PROJECT INTENDED TO GIVE THEM CLEAN WATER TO DRINK. THAT S CANNIBALIZING SOCIETY FOR PROFIT

there is no answer for society in capitalism except Brave New World..BNW. that is the only way the capitalists can save themselves because capitalism eats society, produces total failure..by taking over society completely..full spectrum dominance..and cutting society into a shape that fits their control of society permanently
Last edit: 4 days 23 hours ago by mapoui.

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4 days 22 hours ago - 4 days 22 hours ago #380918 by ketchim

mapoui wrote: Congress is handing them a $50 billion bailout.
Instead of being bailed out they should be nationalized .

what I meant was the last time I heard that concept was Burnham
NOW your guy Paul Roberts 50 years later !

mapoui wrote: Hudson/Roberts are saying simply is... if the people put in 50 billion to bail them out
they actually are buying the god dam company so why not actually assume control.

I don't think that is the definition of Nationalise
Last edit: 4 days 22 hours ago by ketchim.

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4 days 19 hours ago - 4 days 19 hours ago #380923 by ketchim
Plus Bail Outs is NOT a new concept in America.

It's been TRIED, TESTED and PROVEN

Governments/Taxpayers were REPAID every dime with INTEREST....

SO my friend, your UNZ people are being Disingenuous and you lapping it up !

projects.propublica.org/bailout/list
Last edit: 4 days 19 hours ago by ketchim.

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4 days 19 hours ago #380924 by ketchim
Banks repaid TARP funds using capital raised from the issuance of equity securities and debt
not guaranteed by the federal government.
... However, PNC reversed course on February 2, 2010, by issuing $3 billion in shares
and $1.5-2 billion in senior notes in order to pay its TARP funds back.

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4 days 19 hours ago #380925 by ketchim
Ford Motor owes the government $5.9 billion it borrowed in June 2009, the same month GM filed for bankruptcy.
By Sept. 15, Ford needs to start paying that money back
In a government filing, the carmaker said $577 million is due within the next year
and the full amount must be paid off by June 15, 2022

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4 days 19 hours ago - 4 days 19 hours ago #380926 by ketchim
www.forbes.com/sites/joannmuller/2012/08...se-you/#77086396735e

How are the AUTO guys paying back ? (8 year old article)

Nationalise meh rarse ! the unz guys all familiar with the REPAYMENTS plus Interest ~
Last edit: 4 days 19 hours ago by ketchim.

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4 days 19 hours ago - 4 days 19 hours ago #380927 by ketchim
Last edit: 4 days 19 hours ago by ketchim.

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