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	Comments on: American revolution	</title>
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	<description>Author of THE DEBT GENERATION</description>
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		<title>
		By: Golem XIV - Thoughts		</title>
		<link>https://www.golemxiv.co.uk/2010/08/american-revolution/#comment-900</link>

		<dc:creator><![CDATA[Golem XIV - Thoughts]]></dc:creator>
		<pubDate>Tue, 31 Aug 2010 16:40:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2010/08/american-revolution/#comment-900</guid>

					<description><![CDATA[Rob,&lt;br /&gt;&lt;br /&gt;maybe you&#039;re right about private versus public corporations. But even publicly traded corporations are feeling that the banks are not helping them, not keeping credti lines open, and that the banks have the ear of Washinngton DC to such an extent that all policy is skewed to their needs only.  Thye bnkas don&#039;t care about a weaker dollar which the corporations are desperate for.  All the banks care about is low interest rates and for that they need a strong dollar to convince everyone that the dollar denominated debt is a safe haven.&lt;br /&gt;&lt;br /&gt;Might that give corporations a reason to find themselves at odds with the banks?]]></description>
			<content:encoded><![CDATA[<p>Rob,</p>
<p>maybe you&#39;re right about private versus public corporations. But even publicly traded corporations are feeling that the banks are not helping them, not keeping credti lines open, and that the banks have the ear of Washinngton DC to such an extent that all policy is skewed to their needs only.  Thye bnkas don&#39;t care about a weaker dollar which the corporations are desperate for.  All the banks care about is low interest rates and for that they need a strong dollar to convince everyone that the dollar denominated debt is a safe haven.</p>
<p>Might that give corporations a reason to find themselves at odds with the banks?</p>
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		<title>
		By: Rob		</title>
		<link>https://www.golemxiv.co.uk/2010/08/american-revolution/#comment-898</link>

		<dc:creator><![CDATA[Rob]]></dc:creator>
		<pubDate>Tue, 31 Aug 2010 16:15:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2010/08/american-revolution/#comment-898</guid>

					<description><![CDATA[I don&#039;t see what the corporate class has to gain from falling out with the financial class. Any revolt would not come from the management as they are the ones to benefit most from the inflated salaries - why would they rock the boat. It would have to come from the owners, however no-one really holds shares for the long-term anymore, most just try to buy the dips and sell when it goes up and have no interest in running the company. &lt;br /&gt;&lt;br /&gt;Private corporations may see that this is in their advantage. Public corporations - i can&#039;t see it at the moment.]]></description>
			<content:encoded><![CDATA[<p>I don&#39;t see what the corporate class has to gain from falling out with the financial class. Any revolt would not come from the management as they are the ones to benefit most from the inflated salaries &#8211; why would they rock the boat. It would have to come from the owners, however no-one really holds shares for the long-term anymore, most just try to buy the dips and sell when it goes up and have no interest in running the company. </p>
<p>Private corporations may see that this is in their advantage. Public corporations &#8211; i can&#39;t see it at the moment.</p>
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		<title>
		By: Golem XIV - Thoughts		</title>
		<link>https://www.golemxiv.co.uk/2010/08/american-revolution/#comment-893</link>

		<dc:creator><![CDATA[Golem XIV - Thoughts]]></dc:creator>
		<pubDate>Tue, 31 Aug 2010 13:50:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2010/08/american-revolution/#comment-893</guid>

					<description><![CDATA[ianu,&lt;br /&gt;&lt;br /&gt;I agree that the U in USA is in for some testing times.  &lt;br /&gt;&lt;br /&gt;Whether corporate industrial power does make common cause with the anti big government radicals is obviously an open question. It might not happen because coroprate AMercia ia already enjoying the profits from forcing wages down.  If tey are greedy and short sighted they will push for those quick gains and alienate too many of those who might have become their political allies.&lt;br /&gt;&lt;br /&gt;But if they are just a little cleverer and can position themselves as as desperate to give people jobs as those people are desperate to get them, then they will have a political powerhouse at their disposal.&lt;br /&gt;&lt;br /&gt;If it does happen it is still likely that such an alliance would benefit the corporations and the Middle class more than the working class. But twas ever thus.  &lt;br /&gt;&lt;br /&gt;What the left, such as it is in America, would do I dont&#039; know.&lt;br /&gt;&lt;br /&gt;But I do think such an alliance could form and if it did could become a very major force and change America&#039;s present course.&lt;br /&gt;&lt;br /&gt;Nice to see two parts of the economic structure falling out.  Such a situation presents possibilities as well as dangers.]]></description>
			<content:encoded><![CDATA[<p>ianu,</p>
<p>I agree that the U in USA is in for some testing times.  </p>
<p>Whether corporate industrial power does make common cause with the anti big government radicals is obviously an open question. It might not happen because coroprate AMercia ia already enjoying the profits from forcing wages down.  If tey are greedy and short sighted they will push for those quick gains and alienate too many of those who might have become their political allies.</p>
<p>But if they are just a little cleverer and can position themselves as as desperate to give people jobs as those people are desperate to get them, then they will have a political powerhouse at their disposal.</p>
<p>If it does happen it is still likely that such an alliance would benefit the corporations and the Middle class more than the working class. But twas ever thus.  </p>
<p>What the left, such as it is in America, would do I dont&#39; know.</p>
<p>But I do think such an alliance could form and if it did could become a very major force and change America&#39;s present course.</p>
<p>Nice to see two parts of the economic structure falling out.  Such a situation presents possibilities as well as dangers.</p>
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		<title>
		By: ianu		</title>
		<link>https://www.golemxiv.co.uk/2010/08/american-revolution/#comment-891</link>

		<dc:creator><![CDATA[ianu]]></dc:creator>
		<pubDate>Tue, 31 Aug 2010 11:15:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2010/08/american-revolution/#comment-891</guid>

					<description><![CDATA[US community level politics is a fascinating, peculiar, ill informed and spectacularly contradictory beast.&lt;br /&gt;&lt;br /&gt;The only thing I can see for certain, (or as certain as anything can be) is a slow hemorrhaging of power from the establishment groups to the ground up movements.  (But as you point out, sponsored and aided by another vested corporate interest.)&lt;br /&gt;&lt;br /&gt;The sad thing is that the more representative that the US could get, the worse it would potentially be.&lt;br /&gt;&lt;br /&gt;I mean, I would love more represenative govt here, but wouldn&#039;t the &#034;hang &#039;em, flog &#039;em&#034; brigade drown out more informed and progressive voices?&lt;br /&gt;&lt;br /&gt;I know this is a very simplistic assessment by a slimly informed observer, but I thing the US really is headed for fractious upheaval and putsche on power vacuums by unsavoury groups.  Whoever is successful, has access to formidible hardware...like I&#039;ve said before, I hope they confine their transformation to their own shores.]]></description>
			<content:encoded><![CDATA[<p>US community level politics is a fascinating, peculiar, ill informed and spectacularly contradictory beast.</p>
<p>The only thing I can see for certain, (or as certain as anything can be) is a slow hemorrhaging of power from the establishment groups to the ground up movements.  (But as you point out, sponsored and aided by another vested corporate interest.)</p>
<p>The sad thing is that the more representative that the US could get, the worse it would potentially be.</p>
<p>I mean, I would love more represenative govt here, but wouldn&#39;t the &quot;hang &#39;em, flog &#39;em&quot; brigade drown out more informed and progressive voices?</p>
<p>I know this is a very simplistic assessment by a slimly informed observer, but I thing the US really is headed for fractious upheaval and putsche on power vacuums by unsavoury groups.  Whoever is successful, has access to formidible hardware&#8230;like I&#39;ve said before, I hope they confine their transformation to their own shores.</p>
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		<title>
		By: Golem XIV - Thoughts		</title>
		<link>https://www.golemxiv.co.uk/2010/08/american-revolution/#comment-889</link>

		<dc:creator><![CDATA[Golem XIV - Thoughts]]></dc:creator>
		<pubDate>Tue, 31 Aug 2010 08:35:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2010/08/american-revolution/#comment-889</guid>

					<description><![CDATA[I don&#039;t dissagree with you Rich.&lt;br /&gt;&lt;br /&gt;I don&#039;t think I would like the Koch brothers nor they me.  They are, to my mind as they are to yours, a retrograde force.  &lt;br /&gt;&lt;br /&gt;But I think it is interesting to condsider what an alliance between corporate/industrial money and anti-Big government radicalism could do to American politics and the the American financial class.]]></description>
			<content:encoded><![CDATA[<p>I don&#39;t dissagree with you Rich.</p>
<p>I don&#39;t think I would like the Koch brothers nor they me.  They are, to my mind as they are to yours, a retrograde force.  </p>
<p>But I think it is interesting to condsider what an alliance between corporate/industrial money and anti-Big government radicalism could do to American politics and the the American financial class.</p>
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		<title>
		By: RichGB		</title>
		<link>https://www.golemxiv.co.uk/2010/08/american-revolution/#comment-886</link>

		<dc:creator><![CDATA[RichGB]]></dc:creator>
		<pubDate>Tue, 31 Aug 2010 08:01:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2010/08/american-revolution/#comment-886</guid>

					<description><![CDATA[The Koch brothers have been meddling in politics for 30 years and are partly responsible for the USA&#039;s poor progress on green issues; in fact, they prefer that limits be relaxed so that they can pollute more. Like many big companies they have lobbied strongly against anything that they perceive may affect their profit, e.g. the healthcare reforms and renewable energy projects.&lt;br /&gt;Everybody understands that all powerful groups have vested interests, but I fear that the best scenario will be the Financial Class being displaced by the Industrial Class. The under classes will be just as poor, but the planet will be a little dirtier.&lt;br /&gt;&lt;br /&gt;Apart from Warren Buffet, haven&#039;t all the great philanthropists been industrialists and technologists? Please correct me if I&#039;m wrong.]]></description>
			<content:encoded><![CDATA[<p>The Koch brothers have been meddling in politics for 30 years and are partly responsible for the USA&#39;s poor progress on green issues; in fact, they prefer that limits be relaxed so that they can pollute more. Like many big companies they have lobbied strongly against anything that they perceive may affect their profit, e.g. the healthcare reforms and renewable energy projects.<br />Everybody understands that all powerful groups have vested interests, but I fear that the best scenario will be the Financial Class being displaced by the Industrial Class. The under classes will be just as poor, but the planet will be a little dirtier.</p>
<p>Apart from Warren Buffet, haven&#39;t all the great philanthropists been industrialists and technologists? Please correct me if I&#39;m wrong.</p>
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