Comments by "DXR" (@MrDXRamirez) on "Forbes Breaking News" channel.

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  88. It has to do with the economy of the US. It has developed a primary group of industries that are completely dependent on war for economic growth that Biden is the first president to not know what to do with the effect a war economy creates at the Border. Wars displace people but at the same time wars enrich a weapon industry’s owners and investors. The government provides the customers who are cartels and other militaries around the world, its buyers. As soon as any president or Congress stops the crisis at the Border they will have stopped a sale the weapons industry and its employees depend on. No sale brings a collapse. The dependency of lives and employers on profits from weapons sales is a choice it is not by nature an arrangement ordained by God. It can, will and should be changed. Raytheon must employ at 5000 workers all high earning skilled labor force, multiplied by at least 20 other contracted by the military weapons and parts manufacturers that average 1000s of workers and families dependent on their profits. Rather than deal with a catastrophic collapse of the US and what that would bring as a consequence internally and externally to the nation the flow of migrants will continue as the lesser evil is Biden’s thinking. The US economy functions only through war, crisis and catastrophe as a law of motion. One can bet on death and destruction and clear a huge profit. It is entirely built on the sale. Selling weapons for a profit. Other high ticket commodities furnish the means for the cash to buy weapons and if the buyer is not a criminal narco gangster than the buyer borrows dollars from our bank to buy the weapons and puts up as collateral the total annual product of their nation is signed over to the holder of the bond. The US Senate is a aristocracy of landowners mostly...they have no in depth insight into the military industrial complex as a social phenomena. Eisenhower knew it would become a problem. The problem has arrived and the general economy is paying the cost.
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  107. Civil society uses all the productive forces a society can make to the extent these forces have grown. Slaves did make all of America’s productive forces of which their share remains shortchanged. America was a slave society and in the post slave period former slaves and descendants built the Ford Motor Company and Detroit as a automobile capital of the nation. Black labor is the creator of all material wealth and its productive forces in America, the fruit of its labor covers a span of 5 centuries. Slave labor built Harvard University, descendants of slaves built Chicago University. The very room that council takes place is a product of black labor and the clothes they wear are products of cotton produced by black labor. It wasn’t called the world slave trade for nothing. Virtually everything was a product of slave labor. The list is endless to the amount black people have contributed to the total GDP of the US, and in many cases were better at capitalism than European settlers who came ashore as owners of money. They were so good at capitalism that ESSO (Standard Oil) Corporation was the first to hire them for marketing and development into the black market. First in Blues, Soul, Jazz, an unbelievable amount of creativity the remotest parts of the world were touched in the head by black art. Russians in Siberia, so far away, Indians and India, know how to Rap. So what do we do? A re-alignment of the wealth of society is what we do. This is a case for the International Court of Justice and South Africa is in the best position to file the motion and litigate reparations. Instead of wealth going to the descendants of settlers they go to the descendents of slaves to correct the situation and everyone not a descendant of a slave or a white slave owning settler, has equal access to America’s productive forces of society.
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  135.  @mfgreviews5028  What do you think the world economy is chess board, such a mechanical view of the world was debunked long ago. Petro Dollar will not last because the crucial element you exclude in your analysis is the flexibility of power of the productivity of labor, and 1.2 million people employed with an industrial base in China is flexible. US has to rely on individual capitalists, callous Millennials like, Elon Musk, to re-industrialize. He could have invested his capital in industry but chose to invest in a product that produces no real value back into the economy. He’s not making shoes, or employing a cattle rancher, tanner, leather makers, shoe makers, and factories. He’s providing Starlink internet service for a third of the population in Ukraine on behalf of the military. How do you know what China knows...you have a direct link to the Communist Party in China that we don’t...you are funny. Oil bearing states and India are closer to Russia and China physically that the US would have to occupy the Middle East to strike a deal with India. All America has holding up the dollar is sheer brute force, military might, it has no productive industry beyond what is produced by and for the military. When was the last time you drove across America off the highways. Nothing but ghost towns and dead zones? America’s capacity to produce is limited, its military expense is 32% of GDP normal when industries were in the US. Today the workforce is substandard and flunks in reading, math, science. GDP is counted by how much profit is made not by how much actual production takes place...its fictitious! You are in dreamland kiddo. Snap out of it!
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  172. Losing faith in the national debt is as bad as a catholic sinning against the Holy Ghost, for which there is no forgiveness. America has a financial system of public credit if you look at it from the position of the Fed and Wall Street. If you look at the financial system from the position of average working tax paying family and individual its a system of public debt. We were never told the origins of this system in school. It is assumed to have been handed down to us by God himself. Nobody questioned it, till now. No matter what kind of government we are talking about they all did it. Commercial wars, manufacturing and maritime trade brought about the right conditions for this type of financial system in the Middle Ages in Genoa and Venice. It spread among the potentates. Public debt became a powerful lever for the accumulation of capital. In one click, investment houses on Wall Street turn money that is sitting around doing nothing into productive capital that the only part of the nation’s wealth that falls into the collective possession hardworking tax paying Americans is,---the national debt part. This money that Wall Street waves its mouse over drags it out its slumber without the risks of exposing it to the troubles inseparable from employment and industry and from the risks of money borrowed by all kinds of people and businesses with near bad credit potentially never getting it back is free money! Its the savory gravy that keeps pouring over GDP like a mashed potato. For the amount turned into public bonds the government’s lenders lose nothing. Bonds go on functioning in the hands of bondholders the same way as would cold, callous, hard cash. Public bonds, easily negotiable. Bondholders (in Genoa and Venice were considered a class of idle rentiers) with financiers as the middlemen between the government and the US taxpayer (or the nation) Wall Street investment houses are a modern form of a Middle Age relic as a class of idle rentiers. And where does this Capital go or get spent? In Biden’s world of increasing the national debt, its spent on how best to contain China from becoming a super power, that America is now a Pacific nation abandoning Europe and Ukraine just as it had with Afghanistan and the Middle East to retry in the east what it cannot do in the west. America is the new comer foreigner on the block in the east China has been around that neighborhood for thousands of years. Becoming Pacific is as bad a handicap a golfer can have on the course. America’s best bet is to re-industrialize its domestic economy badly in need of total restructuring to level out the inequalities eroding society.
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