Martin Hash wrote:I'm not quite following your logic. Interest rates are too low, meaning people borrow too much. Banks should raise their interest rates. Somehow we're in a situation that a consumer pays 24% interest on CC debt but only receives .2% interest on money they have on deposit. We are a society that encourages debt so that the 1% prosper. Though that is bad, how do you tie it in with low wages? You're making things more complicated than they need to be in an attempt to justify your ideological position on Illegals.
No, silly guy. It's all part of the mass rape of our economy that's been happening for decades.
Banksters tell government what to de-regulate, congress removes the phallus from their mouths for a few seconds, signs the order, and resumes.
This is why we have monstrous corn subsidies, which ran everyone out of farming, created the flight to urban life and the waiting arms of manufacturing. Now the manufacturers are out of things to make, because we haven't had a world war for a while now, and the people are left to starve in the urban cores.
Meanwhile, the rural farming conglomerates, still riding their subsidies, have to increase profits each quarter, so they slash wages to below minimum. Wal-mart cheers, we have $.02 strawberries, and nobody wants to pick them. Illegals are hired, shipped over by the companies themselves, in massive numbers, in cooperation with the Mexican government.
Now there's nothing for natives to fucking do but starve, so they blame the illegals for ruining everything - exactly according to plan. Meanwhile, Monsanto quietly chews your fucking lunch.
It has next to nothing to do with interest rates - it's all the shit that's flowing behind the scenes that's ruined our collective economy.
