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Jim C.
Member since May 2012
463 commentaries - 3 followers

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Things To Come

- James Howard Kunstler -

Surely Kunstler cannot be ignorant of economics, of the direct correlation between the production of wealth and Capitalism, and the subsequent creation of a middle class. So, for Kunstler to disparage Trump is the height of deceit given that Kunstler is and has been a proponent of big government handouts and control of individual life....Socialism.

I guess he doesn't think anyone will recall his past articles, political positions, his voting for and support of Barack Obama. He now thinks, in hindsight, that was a mistake.

JC

Commented 2524 days ago

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Beginning of the headline :As our politicos creep deeper into a legalistic wilderness hunting for phantoms of Russian collusion, nobody pays attention to the most dangerous force in American life: the unraveling financialization of the economy. Financialization is what happens when the people-in-charge “create” colossal sums of “money” out of nothing — by issuing loans, a.k.a. debt — and then cream off stupendous profits from the asset bubbles, interest rate arbitrages, and other opportunities for swindling that the artif... Read More

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