Thursday, June 07, 2012

A Question of Crisis


We are in times of challenges and still are being underestimating. Up to the collapse of the Soviet Union the elites in the west need to keep the discontent of the masses, began in the Great Depression of the 20 century, where FDR sold the working class in US the idea upper mobility. Nixon in the 68 for the first time introduced the concept privation of an intimidated state of the human condition health in the famous tapes Nixon spoke turning a non-profit medical system into a Business. But it was up to the time Regan where was understood the access to upper mobility was base on race, where the white majority through the GI bill and government guaranty to owning a house, this rights where deny to African American and Latinos.  
The access to top Tier University was a guaranty to credit or investors, even today women does not have access to this type capitals. But one disconcert fact especially in US, where is taxes directly or indirectly from federal, state or local supported the measure technological developments, more over who obtain the financial support is base on race or class.
In case of Regan, his polices shifted the support from the Government to send the student to borrow direct monies from the bank, stop by Obama policy,
This policies of privileges abdicates by pseudo science of economic, like Milton Friedman,  who the experiment where applied during dictator of the 70´s in Chile, took a final form during Junior Bush, where economic meltdown happen, in many ways they wanted to privatizes the Social Security guaranty, by them many of the administration recognize, the Casino advocated by free marketers, capital simple run out, because the investment in bad mortgages houses or  beds against the dept run of capital.
What is clear was the privilege class made gamble in many case with their monies, but because the damage, TARP monies requested in 3 pages by the Bush administration, basically a blank check.

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