Re: Brace yourselves, for the final meltdown

2008-10-27 Thread rigsy03
I forgot the entertainment industry and I think politics has also become an industry. Sometimes they collide. On Oct 26, 11:23 pm, \Lone Wolf\ [EMAIL PROTECTED] wrote: Following the war after the 1929 depresion America had room to expand its capital on the power of its industrial might

Re: Brace yourselves, for the final meltdown

2008-10-27 Thread rigsy03
Now we seem to be a service and processing economy. The great industries like shipbuilding, have mostly disappeared. I suppose we stilll have farming. Construction- with good and bad results. Lots of energy in the electrics but where is the profit? The service calls go to India or Armenia (I

Re: Brace yourselves, for the final meltdown

2008-10-27 Thread rigsy03
WOW! I forget the military industry! It's complex!!! On Oct 27, 2:38 am, rigsy03 [EMAIL PROTECTED] wrote: I forgot the entertainment industry and I think politics has also become an industry. Sometimes they collide. On Oct 26, 11:23 pm, \Lone Wolf\ [EMAIL PROTECTED] wrote: Following the

Brace yourselves, for the final meltdown

2008-10-26 Thread Lone Wolf
The next two weeks will see the complete rout and collapse of the financial and business sectors of the US, accelerating jobs losses and home foreclosures. Unfounded illusions in Obama will be smashed, preparing the way for the intervention of the working class into political life and its

Re: Brace yourselves, for the final meltdown

2008-10-26 Thread rigsy03
We won't melt. We will stew for two to three years. Think Krugman used the D word today.//Well, Obama only had one task- not to sound like Jesse Jackson or Al Sharpton and he mastered it with the help of Oprah who had already won the confidence of Whites plus there is all that Liberal guilt.

Re: Brace yourselves, for the final meltdown

2008-10-26 Thread Lone Wolf
Following the war after the 1929 depresion America had room to expand its capital on the power of its industrial might rebuilding Europe and Japan. These conditions no longer exist as America's industry is decimated. The downtown is not a result of bad managment is is a result of the decline in