U.S. Headed Towards An Oligopoly

Facetious

Moderated
Greenspan's way of doing things was to keep interest rates hovering at or below the rate of inflation. As we know, low interest rates have built up a huge credit market. There was a lot of commission dollars to be made during said credit market rise. Well, Enter "The Fall" of the credit market, as "everybody qualifies" lending reveals it's ugly head.
Result -> mass home foreclosures, vehicle repos, depreciating real estate, Bankrupt Corporations etc ad nauseam, is beginning to whoop or ass.
The government imposed, "fair lending" or "sub prime loan" entitlement, was doomed from the get go ! Of course the banks are gonna "tail up" following the lending of $ billions $ to people that, in the real world, couldn't qualify, let alone understand the terms of contract they had signed !

The ends of this manufactured mess (thank you government :thefinger) is the further advancement of socialism in Amerika. It's all by design, just apply some simple logic.
 
so is ogliopoly kinda like in that movie wall-e how everything was ran by the by and large corporation? or like a real life umbrella corporation?
 
so is ogliopoly kinda like in that movie wall-e how everything was ran by the by and large corporation? or like a real life umbrella corporation?

yes, exactly like that movie, only without robots and spaceships.
 
hmmmmmmm, arent their laws agains that kinda thing? and im pretty sure they are all just big monopolys. one coompany runnin everything......... not much hope for the rest of the world or any small business owners.........
 
You should read the book 1984. The world is divided into three states that are always at war with each other for no other reason than to keep society in constant production of goods to be destroyed and consumed and then replaced and for people to sympathize with the government and their national identity against their enemies, and of course so that anyone who doesn't do these things can be eliminated as an enemy of the state and a collaborator. And in the end you don't even know if any of it is true, it's just as likely that there is only one government, or hundreds of them, and no war at all.
 
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