RE: RE: What happened?Mr. Ventura is only partially right. USA is run by Business, including banks. President becomes only a spokesman for the Administration in powers that Business can operate as they see it fit. When things are going wrong they simply dump the President. Free trade was initiated by business at large hoping they will import labor intensive items cheaply and export Hi-Teck. Big miscalculation. Chinese began exporting acceptable Hi-Teck products back to USA. Large trade deficits became daily rutin. Huge generational wealth of USA was channeled toward Asia and American major industries were decimated.
It is only partially true that Banks were the major culprits. They were issuing inexpensive loans. Nothing wrong with that. Real problem is that Americans lost Jobs and impowerished Amaricans were not capable servicing the mortgages. Only once Americans realize a true tragedy what is really happening will they able to start correcting the rules foe world economy where burden of progress would be shared by everybody.
Regards.
ZIMAR
P.S.
This is response to Luker 222