Comments by "Animal Farm" (@animalfarm7467) on "We Can Help Improve Lives Overseas Without Making Ourselves Poor." video.
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I understand what you are saying but I think Neoliberalism was a corporate policy conceived at the time of Roosevelt’s New Deal. If you plot the maximum tax rate over time you will see a decline from the 91% of Roosevelt to the tax rates implement by Reagan and Bush junior. Neoliberalism was created as a deception and was a strategy of wealth extraction from the population. In the 1970s you may remember the Lima Resolution. Under GATT, this was sold to the masses as a strategy to improve the quality of life in the third world. National governments planned to reduce domestic manufacturing and transfer the manufacturing to less fortunate nations. It was sold to the masses as an exercise in human rights but was actually a transfer of labor to nations with lower labor costs. Globalism was one of the mechanisms that the corporate world used to achieve this goal. As we moved into the time of Reagan and Thatcher, the Neoliberals utilized the Trickle Down economic strategy. The corporatists actually expected the masses to believe that if all the wealth was pushed to the top, it would trickle down and benefit all. Reagan, Don Regan, and the Oligarchs must still be laughing in their grave over that one. We are now in the last stages of the Neoliberal wealth transfer.
Wall Street legislation (e.g. Glass Steagall) was removed by Clinton and this allowed the financial sector to shift most of the risk to the masses. We all know how that worked out. In the final stages we are watching asset price bubbles created by the private Federal Reserve, enrich only the Oligarchs. This is only a brief skeletal analysis of Neoliberalism and many important parts of the corporate have been neglected, but it should give some idea of the sequence of the deception to date. What amazes me is why more
don’t understand how they are getting screwed. They will probably wake up when the monetary inflation transitions into price inflation and they then realize that their wealth or purchasing power has been stolen. By then, the corporatists should be well into the last stages of the imperial expansion
phase and all will be using the last of the US taxpayer's wealth paying for the military budget to plunder foreign nations. You cannot blame the masses for their ignorance in this deception; the corporatists own the media, they own all branches of government, and what they don't own, they will soon acquire. Corporatists have now decimated the union movement and have destroyed any political influence the masses ever possessed. Not a pretty sight, but then again, the outcome of ignorance never is.
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