Saving Capitalism

[airdvr 210]

I know it's a couple of years old but I caught this on NetFlix yesterday. An eye opener to be sure.

https://youtu.be/8T9E2DBzAaI

Please don't dent the planet.

Destinations by Roxanne

[RonD1120 62]

I agree with what is stated in the trailer. I am skeptical regarding Robert Reich's agenda.

I saw the offering on Netflix and skipped over it. It now looks like it might be worth viewing.

Look for the shiny things of God revealed by the Holy Spirit. They only last for an instant but it is a Holy Instant. Let your soul absorb them.

[tkhayes 348]

Robert Reich does not have an 'agenda' any more than you do. He holds no office nor power, he is simply someone who is talking about his beliefs and pointing out how badly most of us are getting screwed using pretty solid data and evidence to back it up.

I am skeptical of your agenda as well..... and with good reason

[Phil1111 1,149]

I'm surprised to read the words of the first two posters in this thread as they are among the most fervent supporters of trump.

Robert Reich started out under the Ford administration, a republican president.

Robert B. Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and a senior fellow at the Blum Center for Developing Economies. He served as secretary of labor in the Clinton administration, and Time magazine named him one of the 10 most effective cabinet secretaries of the 20th century. He has written 14 books, including the best-sellers "Aftershock," "The Work of Nations," "Beyond Outrage" and, most recently, "Saving Capitalism." He is also a founding editor of The American Prospect magazine, chairman of Common Cause, a member of the American Academy of Arts and Sciences and co-creator of the award-winning documentary "Inequality for All."

Above from:
https://www.salon.com/2017/12/30/a-year-with-trump_partner/
and the story entitled:
Robert Reich: Surviving a Year with Donald Trump
America has had its share of incompetents, but Trump’s disregard of American ideals is like nothing else before him

But a better summation of how trump is further polarizing America by driving a wedge between people above the average income level and below it is:

Robert Reich: Trump Voters, He’s Taking You For Suckers
http://www.newsweek.com/robert-reich-trump-voters-hes-taking-you-suckers-764897

[kallend 2,027]

Phil1111

Robert Reich: Trump Voters, He’s Taking You For Suckers
http://www.newsweek.com/robert-reich-trump-voters-hes-taking-you-suckers-764897

He's quite justified in doing that, since clearly they are.

...

The only sure way to survive a canopy collision is not to have one.

[airdvr 210]

Phil1111

I'm surprised to read the words of the first two posters in this thread as they are among the most fervent supporters of trump.

Robert Reich started out under the Ford administration, a republican president.

Robert B. Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and a senior fellow at the Blum Center for Developing Economies. He served as secretary of labor in the Clinton administration, and Time magazine named him one of the 10 most effective cabinet secretaries of the 20th century. He has written 14 books, including the best-sellers "Aftershock," "The Work of Nations," "Beyond Outrage" and, most recently, "Saving Capitalism." He is also a founding editor of The American Prospect magazine, chairman of Common Cause, a member of the American Academy of Arts and Sciences and co-creator of the award-winning documentary "Inequality for All."

Above from:
https://www.salon.com/2017/12/30/a-year-with-trump_partner/
and the story entitled:
Robert Reich: Surviving a Year with Donald Trump
America has had its share of incompetents, but Trump’s disregard of American ideals is like nothing else before him

But a better summation of how trump is further polarizing America by driving a wedge between people above the average income level and below it is:

Robert Reich: Trump Voters, He’s Taking You For Suckers
http://www.newsweek.com/robert-reich-trump-voters-hes-taking-you-suckers-764897

While you would like to believe this is about Trump it isn't. Have you seen the documentary? Your brand of left vs. right dialogue is exactly the tool these corporations want.

Please don't dent the planet.

Destinations by Roxanne

[Phil1111 1,149]

Here is Robert Reich
In fact, since the beginning of Trump's presidency, just 1,200 coal-mining jobs have been created, according to monthly reports by the Bureau of Labor Statistics. In fact, the 1,200 coal jobs during Trump's presidency thus far are just 100 more than were created between August and December 2016 under President Obama.
http://www.newsweek.com/donald-trump-has-only-delivered-1200-coal-mining-jobs-despite-claiming-have-751885

Robert Reich: The Three Big Lies About Trump’s Tax Plan
http://www.newsweek.com/robert-reich-three-big-lies-about-trumps-tax-plan-750616

Robert Reich: Trump May Be Dumb, But He Has Plenty of Emotional Intelligence
http://www.newsweek.com/robert-reich-trump-may-be-dumb-he-has-plenty-emotional-intelligence-773200

Trump doesn’t think he’s stupid, of course. As he recounted, “I went to an Ivy League college … I did very well. I’m a very intelligent person.”

Yet Trump wasn’t exactly an academic star. One of his professors at the University of Pennsylvania’s Wharton School of Business and Finance purportedly said that he was “the dumbest goddamn student I ever had.”

Trump biographer Gwenda Blair wrote in 2001 that Trump was admitted to Wharton on a special favor from a “friendly” admissions officer who had known Trump’s older brother.

what about Mayer and Salovey’s second aspect of emotional intelligence – influencing the emotions of others?

This is where Trump shines. He knows how to manipulate people. He has an uncanny ability to discover their emotional vulnerabilities – their fears, anxieties, prejudices, and darkest desires – and use them for his own purposes.

To put it another way, Trump is an extraordinarily talented conman.

He’s always been a conman. He conned hundreds of young people and their parents into paying to attend his near worthless Trump University. He conned banks into lending him more money even after he repeatedly failed to pay them. He conned contractors to work for them and then stiffed them.

By Robert Reich On 1/7/18, from above story.

Does that answer your question?

[airdvr 210]

No. According to Reich this is about corporate power and lobbying. If you think this started with Trump ....
.

Please don't dent the planet.

Destinations by Roxanne

[Phil1111 1,149]

Robert Reich has been saying the same thing for a long time. IMO he is a little left. Thats why he found himself in the Carter and Clinton cabinets.

He's completely right about corporate lobbying and power. Why do you think after the housing and mortgage crisis. That triggered the last recession. That billions were paid by corporations and billions more in subsidies. Yet no corporate officers went to prison from those same companies.

Its the same corporations that have been deregulated on wall street.

Robert Reich: Trump Is Inviting Another Financial Crisis
"Maybe Trump thinks Americans forget losing their jobs, homes and savings in the fallout.

Many people who voted for Trump got shafted. I hope they haven’t forgotten that while they suffered, not a single bank executive went to jail.
Related: Robert Reich : Don't Fall for Trump's Corporate Tax Giveaway

Trump supporters need to join with Democrats and progressives in stopping this rollback, and holding Trump accountable.

The biggest banks are far bigger today than they were in 2008. Then, the five largest had 25 percent of U.S. banking assets. Today they have 44 percent.

If they were too big to fail then, they’re too big period now.

Getting rid of Dodd-Frank triples the odds of another financial crisis."
http://www.newsweek.com/robert-reich-trump-inviting-another-financial-crisis-592816

trump has played the American worker for votes and pandered up to Wall Street. All to line his pockets and that of the trump clan.
Its all part of the trump transactional playbook.

[jakee 1,489]

airdvr

No. According to Reich this is about corporate power and lobbying.

And is that bad?

Quote

If you think this started with Trump ....

Is doing a bad thing only bad for the first person who did it?

Do you want to have an ideagasm?

[billvon 2,991]

>Is doing a bad thing only bad for the first person who did it?

Of course not. It's only bad if a democrat does it.

[ryoder 1,590]

Oh, I really wish he would have used the Ludacris song "Get Back" for the ending.

"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

[airdvr 210]

Not aimed at you particularly Phil.

Reich got my attention with his position that the problem isn't D or R but the rules by which the game is fixed.

Now he appears to be just another Trump basher. Disappointing in that it appears he has moved away from his call to action from everyone.

There has been a huge problem for decades. It's not related to D or R. If you guys want to pick sides I'll stay over here.

Please don't dent the planet.

Destinations by Roxanne

[Phil1111 1,149]

I agree the game is fixed. Large corporations get away with criminal acts where the shareholders take a hit and executives get the golden parachutes.

It occurred under Obama and is expanded now under trump. Look at the mortgage disaster and Wall Street. The Wells Fargo accounts scam. On and on. They should make money but a corporate shield of personal liability is created by lobbyists and CASH.

[jakee 1,489]

airdvr

Not aimed at you particularly Phil.
Reich got my attention with his position that the problem isn't D or R but the rules by which the game is fixed.

Now he appears to be just another Trump basher.

That’s because Trump is a problem that transcends D vs R. The issue with Trump is an issue of how the game if government is played by everyone.

Quote

There has been a huge problem for decades. It's not related to D or R. If you guys want to pick sides I'll stay over here.

Dismissing the criticism of Trump as mere partisan bleating (even from someone you otherwise respect) is a sure sign that you HAVE picked a side.

Do you want to have an ideagasm?

[Niki1 1]

Phil1111

Its the same corporations that have been deregulated on wall street.

The biggest banks are far bigger today than they were in 2008. Then, the five largest had 25 percent of U.S. banking assets. Today they have 44 percent.

If they were too big to fail then, they’re too big period now.

Getting rid of Dodd-Frank triples the odds of another financial crisis."
http://www.newsweek.com/robert-reich-trump-inviting-another-financial-crisis-592816

Glass-Stiegel (sp?) was repealed in the mid 90s. It had been in place since the 30s. It prevented banks that played the stock market from doing so with the checking accounts of the ordinary people. It was repealed in a bi-partisan vote. Both parties said this would stimulate economic growth. Yeah, for the banks. A few years later you saw sub-prime mortgages bundled into dirivetives (sp?) and that snowball started rolling down hill. Taking the entire economy with it. Dodd-Frank tried to redo some of Glass-Steigal but never got completely implemented.

No one is ever held accountable for economic disasters. It's like downturns/collapses are some mysterious act of god. Like the weather. So how can anyone claim credit for the "act of god" when some thing good happens?

Just like grade school,if you give gold stars, you have to give black marks.

Most of the things worth doing in the world had been declared impossilbe before they were done.
Louis D Brandeis

Where are we going and why are we in this basket?

[RonD1120 62]

I watched the video last night. Reich impressed me with his effort. My take away, we are too far divided as a nation to reach a consensus. The rich and powerful exist on all sides. Life is short and we are all weak and ineffectual. Therefore, pick a side and hope for the best. Bottom line, trust in the Lord because eternity is forever, John 3:16 and Romans 10:9, 10.

Look for the shiny things of God revealed by the Holy Spirit. They only last for an instant but it is a Holy Instant. Let your soul absorb them.

[Phil1111 1,149]

RonD1120

I watched the video last night. Reich impressed me with his effort. My take away, we are too far divided as a nation to reach a consensus. The rich and powerful exist on all sides. Life is short and we are all weak and ineffectual. Therefore, pick a side and hope for the best. Bottom line, trust in the Lord because eternity is forever, John 3:16 and Romans 10:9, 10.

I like his effort as well and there is nothing wrong with rich. I admire Warren Buffet and Bill Gates. Although I threatened Gates life on many occasions while cursing my PC during Windows 1.0,3.0,95 etc.

The fairness they exhibit in business dealings and philanthropic deeds. Are an example for all. Its powerful corporations, institutions and powerful people. That need to be watched and controlled.

Politics is like a metronome it swings back and forth to the center. Republicans and democrats need leadership that recognizes the center. While targeting the best interests of the US not pandering to their direct electorate.

[wmw999 2,447]

Quote

pick a side and hope for the best

Here's where you and I differ. Each issue deserves its own evaluation, just as each person does. Hope for the best, yes. But just because I agree with a "side" on one thing doesn't mean I agree on others.

Wendy P.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)