Chile: 20,000 Troops in the Streets as the Government Teeters, Duff on Press TV

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  1. Ill fares the land,to hastening ills a prey
    Where wealth accumulates and men decay
    Princes and Lords may flourish or fade
    A breath can make them as a breath is made
    But a bold peasantry, their countries pride
    When once destroyed, can never be supplied
    That is a saying from way back when……it hits home in Venezuela, now Chile and Argentina and many other countries in this world…..people have had enough of a system where debt is wealth and the IMF and world bank go in and make the rules….rules that always bring austerity to the masses…..and if you don’t think it can happen in America, think again. Forty million Americans on food stamps and an emerging youth looking for a future that has already been spent………….trickle down economics…what a joke….how about flood back to the top economics?…..for instance if Bezos went out tomorrow and handed all his money out to the poor, how long do you think it would take before he has it all back?……i call it yo-yo economics…sounds good to me…..

    • Starting in 1979, I spent 20 years getting a BA in History, working in factories and attending part-time. After Reagan’s two-term presidency, it became for de rigueur for my state college professors to criticize the Laffer Curve and Trickle-down economics. Today, my observations about the concentration of wealth resulting from the outgoing George W. Bush and incoming Barack Obama administration’s “banking bailout” and “quantitative easing” being the real failed trickled down are wholly rebuked by once young daydreaming antiwar activists and actual draft dodgers who are now banking big time TIAA CREF pensions from those same state universities that steadily increased their tuitions while their resulting tax burden further destroyed the remaining living wage private-sector jobs (Compare the buying power of the current US worker and the previous two generations…) In the last couple weeks, those college professors now complain Uncle Sam is not starting yet a new war. Maybe their pension funds need more petro dollar hegemony to support their luxury lifestyle.

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