Trump is also point blank manipulating the stock market for certain investor capitalists (his family and other insiders) who are making a bundle with every "misstep" Trump makes. It isn't even complicated, it's simple stock market manipulation imposed by a career criminal who has slithered his way into the best imaginable position to steal on a nearly universal scale with impunity. He is after all a criminal, and so what we expect from him is crime, and that is what we are getting, every day. Everyone not on Trump's "OK" list is a mark, a victim, and that list changes at his whim. If Wal Mart suffers too much, he can cut them a "deal," a break, and their stocks will suddenly rise. What a trick. Is anyone really fooled?
I don't disagree but I also feel like America functioned as well as it ever did under FDR whom many described as a strongman at the time. Wouldn't it have been cool if Obama had gone strongman on the banks or the health insurance industry?
Thanks for this explanation. The "laid off coal miner" you referred to will likely not read your excellent explanation of capitalism, but they will read their checkout receipts from Walmart. It is horrible to think of the suffering coming America's way but the true defeat of Trump will be from all those workers who voted for him staring at their pay stubs, tax bills, and grocery receipts.
Good comment, Hamilton. It led me to muse on a quite different topic. I've been thinking about the monopolization of the big tech companies and the attempt to deal with Amazon's predominance through anti-trust legislation. The remedy, if a huge corporation is found to be a monopoly, has been to break up the corporation into different, smaller entities, as happened with Standard Oil in 1911, and AT&T in the 80s. I wonder whether a better threat and alternative remedy would be to require that 51% ownership be transferred to the government, in this way generating future revenue for the public good.
Trump is also point blank manipulating the stock market for certain investor capitalists (his family and other insiders) who are making a bundle with every "misstep" Trump makes. It isn't even complicated, it's simple stock market manipulation imposed by a career criminal who has slithered his way into the best imaginable position to steal on a nearly universal scale with impunity. He is after all a criminal, and so what we expect from him is crime, and that is what we are getting, every day. Everyone not on Trump's "OK" list is a mark, a victim, and that list changes at his whim. If Wal Mart suffers too much, he can cut them a "deal," a break, and their stocks will suddenly rise. What a trick. Is anyone really fooled?
Well put, Hamilton.
I don't disagree but I also feel like America functioned as well as it ever did under FDR whom many described as a strongman at the time. Wouldn't it have been cool if Obama had gone strongman on the banks or the health insurance industry?
Keen crystallization here. I would have everyone read it!
Thanks for this explanation. The "laid off coal miner" you referred to will likely not read your excellent explanation of capitalism, but they will read their checkout receipts from Walmart. It is horrible to think of the suffering coming America's way but the true defeat of Trump will be from all those workers who voted for him staring at their pay stubs, tax bills, and grocery receipts.
Good comment, Hamilton. It led me to muse on a quite different topic. I've been thinking about the monopolization of the big tech companies and the attempt to deal with Amazon's predominance through anti-trust legislation. The remedy, if a huge corporation is found to be a monopoly, has been to break up the corporation into different, smaller entities, as happened with Standard Oil in 1911, and AT&T in the 80s. I wonder whether a better threat and alternative remedy would be to require that 51% ownership be transferred to the government, in this way generating future revenue for the public good.