CNN and the rest of the MSM have no use for this kind of analysis

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Charlie Cray analyzes the real underpinnings of the financial meltdown—and its probable future

As seen on The Real News Network/ IWT

On Saturday, the Bush administration proposed what could be the largest government bailout of private industry in the history of the United States. Today, the architects of the proposal, Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke, will testify before the Senate banking committee. ANP caught up with Charlie Cray, Director and Policy Analyst at the Center for Corporate Policy, who spoke about the philosophical underpinnings of the current economic meltdown and his predictions for the future.  

   

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georgeb.martin 2008-09-23   

The problem is that true market economy would allow these businesses to fail. This is fascism, big coercive government controlling and in partnership with big business. The government is not dominated by “free market economics”; it has been dominated, over the past 75 years by coercive, statist, totalitarian, and globalist policies. It was slow to start and for the past 20 years it has become more and more in the open. We don’t need to have more control by some “pointy headed bureaucrat” in DC telling us how to live our lives. Notice that most polls are showing a majority of Americans are saying no bailout, and yet, we are being ignored so that insiders get their share and skip town before the meltdown. We need to get back to the US Constitution and use that as our guide, not the neocon, Marxist, globalist doctrines.

Secular humanist 2008-09-23   

Corporate communism? Not quite right. Corporate fascism is more accurate. Mussollini set the stage for a society that is subservient to and controlled by industrial and commercial interests in which nation, workplace, conformity and passion were the hallmarks of a grand national vision. It is the antithesis of a citizen-based democracy. The Bush/Cheney/Republican war criminals have, in 8 short years, subverted the US constitution and taken the American teeming unwashed to the Italy of the 1920’s. Bring in Blackwater and it’s all over.

 

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