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	<title>Comments on: Economic Armageddon Is Coming</title>
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	<link>http://dissidentvoice.org/2007/04/economic-armageddon-is-coming/</link>
	<description>a radical newsletter in the struggle for peace and social justice</description>
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		<title>By: Reed Richards</title>
		<link>http://dissidentvoice.org/2007/04/economic-armageddon-is-coming/#comment-3375</link>
		<dc:creator>Reed Richards</dc:creator>
		<pubDate>Fri, 27 Jul 2007 07:41:02 +0000</pubDate>
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		<description>Jeremy, Sean,

I say about the impending ECONOMIC ARMAGEDDON:  &quot;BRING IT ON&quot;!

Americans, for whom apathy in and of itself is a favorite pasttime, always have to have things hit rock bottom or a mass disaster must occur before meaningful action is taken.  Case in point, ENRON.  Billions of dollars in savings and retirement and over 21,000 jobs had to collapse before any action was taken to reign in (if you could call it that) the renegade CEOs and the bastard rich investors who encouraged their economic crimes.............</description>
		<content:encoded><![CDATA[<p>Jeremy, Sean,</p>
<p>I say about the impending ECONOMIC ARMAGEDDON:  &#8220;BRING IT ON&#8221;!</p>
<p>Americans, for whom apathy in and of itself is a favorite pasttime, always have to have things hit rock bottom or a mass disaster must occur before meaningful action is taken.  Case in point, ENRON.  Billions of dollars in savings and retirement and over 21,000 jobs had to collapse before any action was taken to reign in (if you could call it that) the renegade CEOs and the bastard rich investors who encouraged their economic crimes&#8230;&#8230;&#8230;&#8230;.</p>
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		<title>By: Economic Armageddon Is Coming at The Head-On Radio Network &#124; America&#8217;s Liberal Voice!</title>
		<link>http://dissidentvoice.org/2007/04/economic-armageddon-is-coming/#comment-69</link>
		<dc:creator>Economic Armageddon Is Coming at The Head-On Radio Network &#124; America&#8217;s Liberal Voice!</dc:creator>
		<pubDate>Wed, 02 May 2007 21:04:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.dissidentvoice.org/new/2007/04/economic-armageddon-is-coming/#comment-69</guid>
		<description>[...] A ton of data demonstrate how crazy our economic system has become where a relatively few receive astronomical gains that no rational person could see as justified. One study tracked down home ownership data for 488 CEOs in the S&amp;P 500 Index set of companies. The typical home of the CEOs has 12 rooms, sits on 5.37 acres, and carries a $3.1 million price-tag. Companies big enough to rate S&amp;P 500 status hiked their median CEO pay by 23.78 percent in 2006 to $14.8 million. In comparison, U.S. worker weekly wages rose just 3.5 percent in 2006. MORE [...]</description>
		<content:encoded><![CDATA[<p>[...] A ton of data demonstrate how crazy our economic system has become where a relatively few receive astronomical gains that no rational person could see as justified. One study tracked down home ownership data for 488 CEOs in the S&amp;P 500 Index set of companies. The typical home of the CEOs has 12 rooms, sits on 5.37 acres, and carries a $3.1 million price-tag. Companies big enough to rate S&amp;P 500 status hiked their median CEO pay by 23.78 percent in 2006 to $14.8 million. In comparison, U.S. worker weekly wages rose just 3.5 percent in 2006. MORE [...]</p>
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		<title>By: Sean O'Neil</title>
		<link>http://dissidentvoice.org/2007/04/economic-armageddon-is-coming/#comment-27</link>
		<dc:creator>Sean O'Neil</dc:creator>
		<pubDate>Sun, 29 Apr 2007 16:12:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.dissidentvoice.org/new/2007/04/economic-armageddon-is-coming/#comment-27</guid>
		<description>I agree with Jeremy Wells, above.  

I think Mr Hirschhorn is a bit optimistic if he thinks the problems with our current Fed Govt are not pervasive.  Apparently he suffers from the same delusion that misleads the DNC and DLC and other followers of the Democrats... namely that we just need someone who&#039;s &quot;better than Bush&quot; and hopefully that will fix things.

The problems run well deeper than the President, his Cabinet, the Congress.  Government is broken, and the break is irreparable because the Govt has become the embodiment of a system of graft, cronyism, corruption, bloat, and general civil servant apathy.   Every branch of the Govt has become politicized and beholden to the wealthy, with &quot;wealthy&quot; meaning both individual citizens and businesses.

What our nation needs is a wholesale revamping.  But this will never happen because too many people are too used to seeing money and material items as their keys to personal worth, success, and security.  Any revamping of the system would heavily affect our monetary system.  The majority of Americans would not likely be willing to suffer several years (perhaps even a decade) of confusion while a new system worked out its kinks.  

Those whose monetary and material interests would be negatively affected will most assuredly reject any attempt at reforming the system.

But it will have to happen.   The question is whether it happens as a result of an explosive level of anger culminating in a bloody coup, or as a course of action to which most Americans begrudgingly agree with acknowledged sacrifices.</description>
		<content:encoded><![CDATA[<p>I agree with Jeremy Wells, above.  </p>
<p>I think Mr Hirschhorn is a bit optimistic if he thinks the problems with our current Fed Govt are not pervasive.  Apparently he suffers from the same delusion that misleads the DNC and DLC and other followers of the Democrats&#8230; namely that we just need someone who&#8217;s &#8220;better than Bush&#8221; and hopefully that will fix things.</p>
<p>The problems run well deeper than the President, his Cabinet, the Congress.  Government is broken, and the break is irreparable because the Govt has become the embodiment of a system of graft, cronyism, corruption, bloat, and general civil servant apathy.   Every branch of the Govt has become politicized and beholden to the wealthy, with &#8220;wealthy&#8221; meaning both individual citizens and businesses.</p>
<p>What our nation needs is a wholesale revamping.  But this will never happen because too many people are too used to seeing money and material items as their keys to personal worth, success, and security.  Any revamping of the system would heavily affect our monetary system.  The majority of Americans would not likely be willing to suffer several years (perhaps even a decade) of confusion while a new system worked out its kinks.  </p>
<p>Those whose monetary and material interests would be negatively affected will most assuredly reject any attempt at reforming the system.</p>
<p>But it will have to happen.   The question is whether it happens as a result of an explosive level of anger culminating in a bloody coup, or as a course of action to which most Americans begrudgingly agree with acknowledged sacrifices.</p>
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		<title>By: Jeremy Wells</title>
		<link>http://dissidentvoice.org/2007/04/economic-armageddon-is-coming/#comment-23</link>
		<dc:creator>Jeremy Wells</dc:creator>
		<pubDate>Sat, 28 Apr 2007 21:37:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.dissidentvoice.org/new/2007/04/economic-armageddon-is-coming/#comment-23</guid>
		<description>I think the author Joel S. Hirschonson is delusional. After alluding to the economic and ecological  crisis hacing humanity, his solution is to have &quot;constitutional conventions and other peaceful ways to restore American Democracy&quot; to fix these crisis. 

Any constitutional convention called today would merely make legal and &quot;constitutional&quot;  the de-facto destruction of the constitution that has taken place under the Bush/Cheney/Gonzales regime. 

What is needed now is the creation of a new mass socialist political party to represent the survival economic needs of the vast majority of people . The U.S. economic system of gangster capitalism, which has been in decline for thirty years, has resorted to militarism and global war, to maintain their wealth and power.</description>
		<content:encoded><![CDATA[<p>I think the author Joel S. Hirschonson is delusional. After alluding to the economic and ecological  crisis hacing humanity, his solution is to have &#8220;constitutional conventions and other peaceful ways to restore American Democracy&#8221; to fix these crisis. </p>
<p>Any constitutional convention called today would merely make legal and &#8220;constitutional&#8221;  the de-facto destruction of the constitution that has taken place under the Bush/Cheney/Gonzales regime. </p>
<p>What is needed now is the creation of a new mass socialist political party to represent the survival economic needs of the vast majority of people . The U.S. economic system of gangster capitalism, which has been in decline for thirty years, has resorted to militarism and global war, to maintain their wealth and power.</p>
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		<title>By: KRIS</title>
		<link>http://dissidentvoice.org/2007/04/economic-armageddon-is-coming/#comment-10</link>
		<dc:creator>KRIS</dc:creator>
		<pubDate>Sat, 28 Apr 2007 05:02:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.dissidentvoice.org/new/2007/04/economic-armageddon-is-coming/#comment-10</guid>
		<description>Lets hear more about the lower class, you mentioned us twice, but some how I still fill that no one is paying any attention, all this talk about the middle class, well im sorry, but being definitivly in the lower class all my life (like many) has made me some what unsympathetic to the middle class, nothing against them I just dont fill the least bit bad for them. Their are some of us in the lower classes that are paying attention and are aware of the current situation despite the fact that we seem to be almost completely ignored. Its time to start taking the lower c lass (all of us in poverty or right above it) in to considertation, the way I see it there will be no chance at a succesful revolt with out the strong support of the lower class.</description>
		<content:encoded><![CDATA[<p>Lets hear more about the lower class, you mentioned us twice, but some how I still fill that no one is paying any attention, all this talk about the middle class, well im sorry, but being definitivly in the lower class all my life (like many) has made me some what unsympathetic to the middle class, nothing against them I just dont fill the least bit bad for them. Their are some of us in the lower classes that are paying attention and are aware of the current situation despite the fact that we seem to be almost completely ignored. Its time to start taking the lower c lass (all of us in poverty or right above it) in to considertation, the way I see it there will be no chance at a succesful revolt with out the strong support of the lower class.</p>
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