U.S. economy predicted to collapse under socialism

[windcatcher]

Here is what people fail to see these days, cutting taxes don't employ people because the CEO's are pocketing the tax decrease and the profit from cutting the job. Take Citi Bank for instance, Bush gave all those tax cuts plus we gave them tarp money and what did they do, today they bought new corporate jets...

Wrong.
They turned down delivery and took a hit on a deposit, part or all of which will be returned provided the company is able to sell the jets to another customer.

==============

And, yes, collapsing the economy is part of the plan to push us into the NWO. This last year, with the bailouts, they have already started the process of consolidating the wealth into the hands of a few..... with the rest of us hanging for the debt. Instead of using it as they promised to make loans available to help solvent businesses (many of which do depend on available lines of credit for fluctuating cash flows and restock purchases) and private citizens who can still qualify for loans for homes.... they've taken the money and reinvested into buying their devalued competition.

Look for more patterns, sold to us as 'stimulus' or 'leaverage' or 'relief funding', etc., (increasing the public debt load) and consider 'is this benefiting everyone..... or does it promote special interest, ownership/partnerships with government? Who's in control? Who has oversight? What safeguards are set up for accountability to the people? Socialism? Communism? It definitely is not the behavior of a republic and a free enterprise system!

People who are fond of socialism will eventually find that a government that promises whatever the people want, is strong enough to take from the people whatever it wants.

 

[carpro]

He believes the U.S. is poised for the same collapse should they hold fast to a doctrine of socialism.

He's right.

 

[4His_glory]

I think that if the US totally abandoned itself to communism, it would likely collapse, however, I do not see that happening. Personally I do not understand all the doom and gloom.

No I do not support a socialist policy such as that of our current president, but let me just say the USA is far from the socialism that runs rampant in my corner of the world. Even 4 years of the Obama administration is not going to bring the US to the level of socialism in other parts of the world.

 

[ccrobinson]

Personally I do not understand all the doom and gloom.

You and me both, 4his. The sky has been falling ever since November.

 

[carpro]

You and me both, 4his. The sky has been falling ever since November.

Obama has no interest in more than marginally helping the economy.

As long as he can keep his blank check, he can advance his socialist agenda with impunity.

Some know what he's up to. Others never will.