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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (800543)	8/9/2014 12:52:34 PM
From: tejek	Read Replies (1) \| Respond to of 1578097

Not surprising. I think this is not so much due to trickle down itself, but the notion that regulations were weighing companies down. Not only were regulations loosened, corporations were able to essentially, and some times in fact, write their own regulations. Which tends to exclude competition. Which coincides with the theory of trickle down.........that the wealth of the elite and corps will trickle down to the rest of us; that the wealthy and corps are inherently good for America. We don't have free markets any more. And they certainly are not fair. They are definitely less free and fair. The Great Bellyflop we went through is one of the results of this. We saw this during the 1800s with all of the Panics and Depressions. It wasn't until the 1800s that we had corporations big enough so that a few individual ones could crater the economy. Once that threshold was reached, that is precisely what they did. It took the Long Depression and then the Great Depression before people woke up. We are moving swiftly towards another Great Bellyflop. The fallout of that will radically change the way our economy operates, I think we are moving in that direction again too..........but why do you say swiftly? I don't see it happening that fast.............which is a problem because people won't see any connection with the GR.