Recent comments in /f/Documentaries

The_River_Is_Still t1_ivmeulz wrote

Reply to comment by PuraVida3 in The War Room (1993) - A behind the scenes look at Bill Clinton’s presidential campaign, focusing on the adventures of spin doctors James Carville and George Stephanopoulos [01:36:04] by _CDXX_LXIX

Seriously. Let’s talk about Reagan destroying unions and the economy and opening up lobbying bigger than anyone ever and paved the way for big corporations being a part of political office.

You get downvoted due to the conservative circle jerk

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plummbob t1_ivlvmma wrote

Reply to comment by 5meoz in The War Room (1993) - A behind the scenes look at Bill Clinton’s presidential campaign, focusing on the adventures of spin doctors James Carville and George Stephanopoulos [01:36:04] by _CDXX_LXIX

>He said that eventually all the people that do your manufacturing will become as wealthy as you and then you will become their slaves

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But then they loose their comparative advantage, the reason people traded with them at all, and those low-cost manufacturing firms will move elsewhere, and you'll just import/export intermediate white-collar goods. Like, there isn't a bubble to burst.

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Really -- you should ignore the veiled fear of the "foreigner" and just think of trade as a technological black box -- that there its a whole different country is irrelevant. You put in good x, and it spits out good y. And the greater the difference in prices x and y are, the more it will spit out. That the box is actually a country across the ocean is irrelevant.

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>And the financial sector being what it is, went insane with that power, gutting the American dream in the process and making the Elites of the country superwealthy.

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power to do what? make loans? People want to limit the supply of housing and are surprised that prices balloon. Its baffling.

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5meoz t1_ivlru6t wrote

Reply to comment by plummbob in The War Room (1993) - A behind the scenes look at Bill Clinton’s presidential campaign, focusing on the adventures of spin doctors James Carville and George Stephanopoulos [01:36:04] by _CDXX_LXIX

That is the thing Ross Perot said, you will have a seemingly amazing prosperity for a few decades, with amazingly cheap consumer goods, but then the bubble will burst. He said that eventually all the people that do your manufacturing will become as wealthy as you and then you will become their slaves. Clinton deregulated the financial sector and basically gave them the keys to do what they wanted in America. And the financial sector being what it is, went insane with that power, gutting the American dream in the process and making the Elites of the country superwealthy. The People that created the 2008 crash, were never punished but ended up being rewarded for the trillions of dollars they lost in financial sectors around the world. Millions lost their homes, savings, pension funds, while the elite's in finance gave themselves huge cash bonuses. The American people were the ones that ended up footing the bill for the financial sector's greed. Bill Clinton was the first Democrat to basically hand over the keys to this powerful elite, forgetting the people he was supposed to represent in the process. This destroyed the yin/yang balance that had existed in the past between democrats and republicans, to tilt the scales permanently in one direction.

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hamilton_morris t1_ivlpggs wrote

Reply to comment by Shillforbigusername in The War Room (1993) - A behind the scenes look at Bill Clinton’s presidential campaign, focusing on the adventures of spin doctors James Carville and George Stephanopoulos [01:36:04] by _CDXX_LXIX

Couldn't agree more. I think it's partially accounted for in generational terms too; that the boomers of the Clinton cohort could embrace or reject establishmentarian values arbitrarily, and in a way that yet preserved their own interests and investments.

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