Dobbs: America is "moving toward a combination of corporate power and political power" that is "disturbingly similar to what we witnessed in Italy in the 1930s"
March 31, 2009 9:32 pm ET
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Just cancel his show. You could put me on TV..right now with no preparation, script or show concept and I can get at least Dobb's ratings...stop hurting America CNN...can this idiot.
1. An extraordinary mind-boggling amount of the American People's private CAPITAL, money counted in dollar figures so high only a dog can hear them, was lost or mismanaged or mostly embezzled, by the financial services companies and banks who held that money, that private CAPITAL, as custodians of a sort.
2. Those custodians of so much of the American People's CAPITAL were able to lose mismanage and embezzle those funds, because they were largely unregulated (and when you're trusted with a large sum of money, but with absolutely no one looking over your shoulder, you are in a position that embezzlers dream of, and a position that could even tempt a previously honest man, into becoming an embezzler: as the sums of money we're talking about here, makes a million dollars look like a grain of sand... yet a million dollars to any individual, such as a fund manager, looks like a beach on an island in the Carribean).
3. Faced with the loss (or theft) of all this private CAPITAL of the American People, the Federal Government is back-filling all of those depreciated and even zero-balance funds, by infusing cash into the financial services and banking industries, out of the U.S. Treasury, and borrowed on the full Faith and Credit of the American People (whose money it is that's been stolen in the first place).
4. Along with all this money out of the U.S. Treasury, comes the Federal Regulations that should have been in place and enforced in the first place, thereby ensuring this doesn't happen again, with the money that's been back-filled into where the stolen money used to be (and maybe wouldn't or couldn't have been stolen at all, had these new Federal Regulations been in place back then).
Now, what's all that got to do with Italy in the 1930's?
I think it's mostly true, that while a significant portion of the American People have the common sense to understand generally what's going on in this matter, and to understand and appreciate the problems being faced by the Obama administration in this matter, and to appreciate the solutions being used to solve these problems... while most people understand it well enough, still a lot of people don't have near enough spare time in their lives, to acquaint themselves with many or even most of the details of what's going on.
But that's OK with most people I think: because when you have Faith in those who are on the job and trying to solve the problems, then Faith is usually enough... and then we draw a line between what we know and what we don't, and we don't need to cross that line much if at all, because again, we have Faith in the sincerity and in the efforts of those who are on the job, solving the problem.
And I'd emphasize, that this Faith is not a Faith in anything doubtful or even untrue, but is a Faith in matters of which we have not a complete and comprehensive understanding: which in this case, is the matter of the present condition of the financial services and banking industries in America.
And it's that same incomplete understanding we might have (due to the lack of spare time in our lives to complete that understanding, and even make ourselves expert), it is that incomplete understanding that these hacks and liars such as lou dobbs are trying to take advantage of.
But notice how they routinely do nothing to inform or educate you in these matters.
Notice how they do nothing but try and erode your Faith in those who you have elected to solve these problems, and who you know to be not only on the job, but sincere also (and the hacks lou dobbs et al, are neither on the job or sincere).
It's a cruddy almost sickening song these hacks sing, all full of nothing like information or truth, but just a grating hatred meant to shake your Faith.
If you are subject too much to this sickening chorus, and to this almost non-stop nonsense about socialism and communism and Marxism, and now we have the hack lou dobbs invoking totalitarianism and fascism (are these hacks fighting a battle with nothing but "isms" on their side? And are they getting anywhere doing that? Are they ever going to run out of "isms"?)... if you get too sick of it, try this website:
http://financialstability.gov/index.html
It's a rather clear and comprehensible appraisal, not only of the problems we speak of in this matter, but of the solutions being worked out.
It's far more positive and forward-looking than the sickening bull being slung by lou dobbs and the media hack class.
It's actually sort of uplifting, to tune out the hatred and the nonsense, and approach the matter in a calm and clear manner, as it is approached in the many informative pages of the website I refer to.
There comes a time in all great sea journeys, where the problems of navigation and piloting the ship become great enough, that they consume you, to the point of where you are right sick and getting tired, of those who just criticize and complain and work against your Faith in the Captain of your ship... and do so in language so sprinkled with "isms", that you'd wonder if they were saying anything at all about the matter at hand, about navigating and piloting the ship of State.
There comes a time when you want to just grab those people with both hands, and throw them overboard.
Lead, Follow, or Get Out Of The Way...
And if you persist in threatening our good and sincere efforts to navigate and pilot this ship, then you can just swim home, how do you like that?
Lou Dobbs is against the corporatism that is so prevalent today. He is for the American worker. He is against unfair free trade, and Although he seems to be anti-Obama most of the time, I agree that the bailouts are bad and his comments re corporate and political power are in the context of how it hurts the individual - the little guy. ALthough he is a wing nut about guns and a few other conservative issues, I support him on this and many other issues. IE, the "middle". I believe you are taking this comment out of comments.