I’m done for the day and I will be right about this next move in the market. Bank on it motherfucker.
[youtube:http://www.youtube.com/watch?v=ixtb4YtsPZw 616 500]NOTE: Thanks to the Godliness of our product, The PPT, we are approaching our 1,000th subscriber. Whoever is our 1,000th subscriber, in the spirit of giving back to the unwashed, will receive an unnamed, and entirely worthwhile, gift, and shit. Indeud.
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60k a month in fees eh.
Not a bad gig.
I’m sure 1 or 2 have cancelled their subscription since then
Who cares if it works eh? Mopar to the Fly and thanks for sharing even if it comes at a price.
Giddy up TZA, IMSC, KEME, and FAZ…. yeeee haw
… well, today’s action sure seems to be “robotic”.
Ten minute melt up begins….
NOW
Robots want their 20-40.
My almanac says the Dow should close at 10,474
my almanac (having a ten second delay) says the DOW will end around 10,449
I like your almanac better. What does it say about Monday?
Darn this almanac. When I took a ride in the delorian I should have picked up the 2010 edition.
But after I lose it, I will still be able to live in it for free for about 2 years right? That’s the cool thing to do now. Just double checking.
Ivory Tower yuppies are now deciding the valuation of the entire gulf coast fishing/real estate/tourist economy. Using their excel spreadsheets, they’ve worked it out to 20 billion dollars or less. You have to be F-ing joking me
The government is literally fining BP the same amount they fined Napster, in 1999!!!
http://www.mp3newswire.net/stories/napster.html
Egregious
20 B is a joke. To do the clean up and put everything back as it was, including families and jobs and gulf economy… more like 200 B… and more.
Anytime someone will sign over 20 B in one or two days, you know they are thinking it is a good deal.
BP = $0.10 Or perhaps the US gov will own them. Or better yet, the British gov will buy them.
It would have been enough just to ask BP “What can we do, so we can look back at this and laugh?”
Whats egregious is the fact that you don’t seem to understand that a claim made by the plaintiff in a suit for damages (which are almost always valued at a significant premium to reality) is not the same or even remotely similar to an entity pre-paying an arbitrary amount before any suit is made so as to appear to be “doing the right thing”. The only fathomable way you would be close to correct is if the recording industry actually won $20 billion (which to my knowledge it didnt) and the U.S. government released BP of all liability regarding this spill pending receipt of the 20 bil (which it certainly hasen’t). I hope you get the point.
Bp bought the fishing industry and more
http://www.theamericansheeple.com/specialpublication.html
Oh… My bad. Yeah, 20 B should cover it.
Breaking news: BP stock has been the best performing inverse 3x ETF this week among internet money managers. By far the cheapest way to get exposure to fishing, real-estate and travel industries.
After watching a small portion of the BP inquisition yesterday, it occurred to me that we are looking at a dinosaur in BP.
BP might very well be one of the last major foreign companies to make a significant commitment of investment capital in the U.S. The message is clear: you screw up in the U.S., and the Obama debanking machine will come for you cash, house, car, and left nut.
As they well should.
Would you really like to live in a country where a company could destroy a huge percentage of its coastline, fishing industry, real estate, ports etc. and get away with a slap on the wrist?
Frog-
I want to live in a country where people respect the law and due process. Where capitalism is esteemed, not spat upon. Where there’s fiscal responsibility and sanity in governing. Where people can live, work and raise a family in peace and stability because of a vibrant economy and a law abiding respect for property and person.
That is the America that I long for. Not the bullshit country that these propagandized crap eating politicians envision and have vomited out through the media every night.
Fuck, don’t get me started……With all due respect, you are a useful idiot, as Lenin would put it. Stop drinking the Kool-Aid. Chairman Maobama is making good use of a crisis. Yeah, hate the evil capitalist oil companies…but let me keep driving and flying all over the damn world.
We have courts in this country where remedies can be sought. That fucking asshat in the WH thinks he’s some kind of hip dictator and shit. Is he above the law? Apparently he thinks so. Just shake down a company for money. Look like a hero. And people applaud this move?
Who’s next?
You are. I am. Where will it stop? When will it stop?
Many people are too stupid to realize what’s happening. Power hunger people are after control. Capitalism is an evil that has to be wiped out in their minds.
Your freedom and mine is melting away under the guise of all the bullshit, politically-correct, liberal ideology that values status quo and not excellence.
Socialists, communists, democrats, republicans—doesn’t matter. They’re all the same when they’re power hungry and overstep the boundaries, spending other peoples money to proliferate their power and control. It is criminal. It costs us our liberty and freedom. It reduces us to slaves paying over 50% of our income for programs and services that do nothing to promote opportunity and prosperity .
If this was 1776, these fuckers who are responsible for the decline of this country would be tarred and feathered and in an 8 ft x 8 ft world. And the only stocks they would have would be fastened to their ankles.
Oil companies are NOT capitalist.
Oligarchy (Greek ?????????, Oligarkhía) is a form of government where political power effectively rests with a small, elite segment of society (whether distinguished by wealth, family or military prowess). The word oligarchy is from the Greek words for “few” (?????? óligon) and “rule” (???? arkho).
O-S-A-R…
Private ownership (shareholders) and the means of production, and the creation of goods and/or services for profit, in a marketplace….. is capitalism.
Last time I checked, BP qualified.
Check out “There Will be Blood” for some old school earl company capitalism.
______
“Oligarchy (Greek ?????????, Oligarkhía) is a form of government where political power effectively rests with a small, elite segment of society ”
…are you referring to Maobama, Pelousy, Little Dick Durbin, Henry “Floor” Waxman and John Dingle-berry?
Yet another stunning display at ignorance, that or intentional misleading. First off claiming that the oil industry is an Oligarchy (I assume this is what you mean since it really is not clear at all) is a common misconception espoused by grade 8 business teachers to their students as an example of the word in practice, but in reality it is most certainly not the case. Anyone with an iota of knowledge about the entire oil & gas space (being the natural extension of “Oil companies”) would know that there are more then 3 or 4 gears in the machine. There is a hell of a lot more businesses then just the integrated giants. You have many explorer, driller/miner, equipment support, operator, shipping, refining & retail entities many of whom are exceptionally large and have the capacity to tell the so-called Oligarchy to shove-it if they so choose. Obviously it wouldn’t make business sense for HAL to tell BP to get lost, but so long as the option is available, power is most certainly not completely centralized in the hands of the 4 or 5 corporations.
Also, just as an aside, so you sound more credible in the future, do not make obviously nonsensical statements such as “Oil Companies are NOT Capitalist”. What you mean to say is that Oil companies operate in such a way that damages or disallows capitalism to exist in a specific environment. To be Capitalist is a system of thought on how people, companies and the government should behave that an individual or group of individuals subscribe to. Since, legal jargon non-withstanding, a corporation is not an individual you can see how you statement is not applicable.
There’s a local NG project BP is working on and now the people want it stopped.
All of a sudden BP is the enemy and the project is evil.
Of course we take no blame for our consumption in the process.
If there was a human stupidity ETF it would just go up in a straight line.
I like the human stupidity ETF idea.
Clap clap clap clap…
However, as much as I liked and agreed w. your heartfelt soliloquy, A-dawg, I must interject here, and remind you that none other than BP is one of those same companies that, hat in hand, is supplicating our gov’t to erect barriers to entry to its smaller, less well capitalized competitors.
And I speak here about “cap and trade” — a devil’s bargain that like Obamacare may very well destroy the industry BP thinks its protecting.
Corporate fascism is the reason they bowed to the dictator, plain and simple. They do not want to lose their place at the trough.
___________
Interesting thoughts in this thread, thanks for posting.
I think I’m in love with Alphe Dawg………no homo
Seriously. Well put my man, well put.
Oh give this hogwash a rest. So then you think we should farm all the jobs to “capitalist” china?
Yawn!
Interesting perspective here I think you would agree with the “paradox of regulation”
http://www.martinarmstrong.org/files/The-Paradox-of-Regulation-God-vs-Man-6-3-10.pdf
“thou shalt not steal” is a simple commandment and Courts can easily determine what “stealing” is. “thou shalt not exploit children” is simple. But when you get into specifics and regulations with all this minute detail like “thou shalt not possess pictures of people aged under 18 if you are under 17” you get into issues such as when a 17 year old sends a nude picture to her 18 year old boyfriend and by the laws you have defined, that is not acceptable and the 18 year old could be arrested and persecuted for receiving the photo. Why not define a handful of morals and instead just say anything that violates these handful of morals as determined by the court can be sent to jail. Now instead we have 1/5th to 1/3rd of all americans in jail and we have to work and be taxed to pay for their meals, their electricity, etc. when most of them did nothing immoral and there are those that have done immoral things but are walking free by law.
In reality, all you want to do is protect against exploitation of children, but instead you have chosen to regulate the specifics of what a “child” is and you need millions of details that can never properly be regulated without corruption. Meanwhile rather than legalize prostitution, and having in place businesses that actually can run regular medical checks to prevent diseases instead you have MORE exploitation of runaway children who are forced into prostitution.
More regulation is NOT the answer. Passing a law against booze did NOT work. Passing a law against prostitution made things WORSE and passing a law against Marijuana has led to all sorts of gangs and the amount of drug use has increased dramatically since it has been made illegal and only helped out foreign countries economies instead of our own… which further contributes to the problem of forcing people without a job to try to find a way to get rich through whatever means are available forcing them into the drug trade. So the kids on the street sell drugs instead they get busted rather than the people behind it, and for everyone getting busted there are 5 in line looking to get rich. Meanwhile they further empower the gangs to make money because it’s illegal and thus more expensive and the money is used to buy guns which leads to more deaths, larger growth in gangs, more corruption, and a much worse america that is not supposed to be land of the enslaved but rather, home of the free.
And of course the added distainment against those who make these BS corrupted laws just adds fuel to the fire, increases motivation for hatred rather than supporting unconditional love, and leads to people who want to overthrow the government. Of course the government then out of fear says “shit, we need FBI, CIA, NSA, secret service, secret police force, more military… We need more agencies to protect us” when it’s the regulation that’s the problem.
They want to create their “ideal” “utopia” but it’s all BS. How can you control human behavior, and why in the world would any sane person that knows the truth and actually truely is compassionate and caring towards humans think that it would be an adequete solution to do so, even if they could?
Adawg you got me ranting on now too, lol.
I place emphasis on the fact that people are generally good in a loving environment in a society that encourages people live of high morals and values. Unfortunately modern society has greater amounts of “moral hazards” then ever before.
Question: How is someone in jail any less free thansomeone who is working every single day to pay taxes at a higher rate than aincient rome before the collapse to pay for the people in jail’s food and hospitality?
If you were poor, you actually have more incentive to do illegal things because if you go to jail, you get food and water, showers, and maybe in some prisons a TV.
So they say. “well if we provide more money for welfare that will solve things because the poor people will have everything they have in jail”, but then the towns are still overrun with drugs and gambling and liquer stores and instead people get into addictions and they spend their money for food on their vices. Meanwhile the money is stolen from those who are actually working, and people still want to get rich and still do illegal things and end up in jail, but now the people that are working for those in jail and those who are poor are now just as enslaved as those in a cell, but they actually have to work or they don’t get to eat, while those in jail don’t have to do a damn thing, they’re protected against the criminals on the street. Then you say “well maybe if we deal with the criminals on the street with more police force.” But then you have increased police force and police act brashly against criminals. The relatives of criminals see the cops beating their brothers, and neglect to notice the fact that the brother struck at the cop first, and now the whole family rises up against police and more criminals are born. Meanwhile the middle class pays for even more of this BS, but they actually need more police to protect them at this point. The increased Crime leads to more police force which causes a larger squeeze on corperations, more layoffs, more homeless, more criminals, and soon if this shit doesn’t change, you will probably have a better statistical chance of being able to have a meal in 5 years if you’re in jail then if you’re working your job and paying taxes like a good citizen. The moral hazard of this corporatism combined with socialism is egregious.
You know that this system cannot last as is and those who think everyone should live life like they do is insane to not understand the greatness of individualism and freedoms. 4 regulators and they couldn’t stop the financial crises and you could add 100 more and it wouldn’t help, in fact it would drain the entire world of resources as you would allocate resources as well as people to do meaningless tasks that don’t make the world better.
The solution is for the government to stop the madness, for individuals to stop the madness and for everyone in the world to ignore all systems peacefully and work towards making the world better and simpler. Most people when raised in he right environment will make the decisions out of love. Unfortunately with drugs illegal but unable to be stoped, and with all the costs spent to try to stop it among many other things, when the economy goes to shit, people are forced to do something to provide their family with food. Some think the only way is to deal drugs out of love for their family so they can provide them with food and the poor end up killing out of fear, they then have to protect themselves, and soon they get consumed with hatred all because some fucking idealogical mother fucker couldn’t look outside his own reality and see the real world and thought he could pass a law and everything would be better. Oh and then they can try gun control but it ain’t gonna work. Anyone can make a gun, you’re only taking money from the sane and responsible gun owners and allowing the insane criminals who already are doing something illegal to keep their weapons that aren’t legal in the first place. Meanwhile the soverign debt defaults lead to global wars to “balance the budget” as one of the “last resorts” to destroy the people you are in debt to and you have men like hitler come to power, you have stalins of the world killing people who don’t have guns to protect themselves, and you destroy those who are innocent and good and well intentioned while those who are evil and who’s hearts have grown dark are empowered by the attention you have given them.
You give something your attention, you empower it. Rational thinking is not hard if you step outside the box and actually see the world for what it is. People are raised to love, but they turn to hatred when they have to, and they start thinking in a “take before someone else takes mentality” rather than a “create more abundance for society and reap rewards and everyone wins.” and while taking from others they raise up that same BS mentality.
Even terrorist rise up in ways that seem very irrational to most, but when you consider the fact that they have very little and even what they have is being taken away from themselves and their families as they witness their relatives get killed trying to defend their holy land and you’re damn right they’re going to do crazy shit in hopes that their families won’t have to deal with their very way of life being under attack. Love is good, but it easily can turn to passion, and then a desire for vengence and then hatred. Even if their way of life has been twisted and screwed up, their religious text misinterprited and spun, and their way of life has become a poison to other societies, they aren’t going to see it that way, and you’re damn right that if you come onto their turf and attack them (and yes, we were on their “holy land” before 9/11) they’re going to try to protect their family and avenge their families death. Even if their family did belong to a terrorist group, that doesn’t mean their families didn’t love them whether or not they supported their decision, and they’re going to feel rage. The amount of terrorism has INCREASED since we had a “war on terrorism” that’s no coincidence. You can’t control society and the more you try the more backlash their is. People do things out of love at first, then they get attached to their end goal and they get attached to what they are doing and posibly what they defended because of love, and because of fear and rage and negative emotions they go from love to passion to hatred. It doesn’t take much at all. You can never have a ends that justifies a means because when you let your ends determine your means, you place no limit on the amount of damage you deal to acheive what you think is better and you could end up with a huge net loss.
If you want peace, you need to promote love and to teach people to have the values that allow them to not feel compelled to act upon emotions.
Albert Einstein said the most important decision anyone will ever make is whether you live in a loving universe or not. If the means are right, good, just and full with love and good intentions then the ends will work out just fine, and if you don’t believe that, you’ll never have the faith you need and you won’t ever have a society worth anything anyways rergardless of if you acheive your ends or not. A Peaceful soceity is the ends AND the means to it’s own ends.
/rant
Yes, that would be terrible.
Let’s Go Mets!!
what’s your I.Q.?,
for it must be more than two hundred and two,
I can’t agree more with you,
This market is doggy do.
I prefer Shelley.
@ a-dog
Treu that
Adawg is right
Rant over.
Ready to enjoy the weekend.
You do the same and enjoy the time with your family.
Ah, there you are Scarlet Pimpernel.
______
grabn some FAS [email protected]
Long FAS as well
One day this young fresh fellow Drake will earn a Nobel prize for poetry, and looking back at this song, the Committee will take note of lines like these:
I love Nicki Minaj
I? told her I’d admit it
I hope one day we get married just to say we fucking did it
And girl I’m fucking serious I’m with it if you with it
‘Cause your verses turn me on and your pants are mighty fitted
Word.
1000 subs is just “le begininng.”
Could you send me an email when there are 999.
The economy is a game of chess whereby capitalism is battling against regulation, and the pawns are lobbyists and politicians. Money and power are the tenets for popularity.
Yeah good ish yo. And im hooked on allen watt by the way. Thanks to whoever it was yesterday that laid down the 411. He has podcasts too FYI – cutting thru.
Seek and ye shall find. Sometimes i wonder if worth its knowing the truth
it would be ironic if i decided to buy a PPT membership and was the 1000th person. I’m just excited to read about what the guy or gal wins. announce it when it happens
Seraphos
Don’t take the internets so serious.
Very ironic hammy, especially since uou are so, shAll we say unique.
Will you send him a picoP?
Okay so I started reading this article on Martin Armstrong
http://www.bibliotecapleyades.net/archivos_pdf/thenewyorker_armstrong.pdf
To summarize it talks about the 8.6 year crisis cycle which Martin discovers to be pi times a thousand days apart that predicts major peaks and crisis. So I started thinking. Hmm, what disaster or crisis can I look at to compare. First one came to mind was september 11th 2001. I added the “normal” pi times a thousand (as opposed to the greek pi of 22/7) and I got April 18th 2010. Well if you instead use the greek pi, you get, to the exact date, the date of the BP oil spill exactly 3142.8 days after 9/11.
So I wondered if I could go back another 3143 days. I got Feb 2nd-feb3rd 1993 which is not significant as far as I can tell, but is in the same month and 22-23 days before the wtc bombing. Go back another 3142 days from Feb 26th (the day of the wtc bombing) and you get July 21st 1984. Decided to look up http://en.wikipedia.org/wiki/1984 Didn’t really expect to see any major events of terror or destruction, anywhere around that time period especially since terrorism was very scarce back then, but indeud, pi days (3.14) before that cycle, or july 18th In San Ysidro, California, 41-year-old James Oliver Huberty sprays a McDonald’s restaurant with gunfire, killing 21 people before being shot and killed. If instead you go back 3141 days from the Feb 2nd date you get June 28th 1993 which is the day that Richard Ramírez, aka the “Night Stalker,” murders his first confirmed victim.
What makes it also somewhat weird is when you combine it with the fact that in the movie “the knowing” predicted the Gulf oil spill and was called “the knowing” and was about being able to do the mysterious and make predictions of tragic evens based upon numbers, and what’s a more mysterious number than pi the number that’s contained in every circle.
Well, I guess the best way to approach this is look at each date from now on and take 3142 days before it and 3142 days before that and so on and try to look for any sort of theme and make the prediction before the event so not to have any biases.
Significant dates range 6/21/2010
11/13/2001
4/7/1993
8/30/1984
1/23/1976
2001
November 13 – Doha Round: The World Trade Organization ends a 4-day ministerial conference in Doha, Qatar.
November 13 – Symbionese Liberation Army member Kathleen Soliah (Sara Jane Olsen) withdraws her previous guilty plea.
November 13 – In the first such act since World War II, U.S. President George W. Bush signs an executive order allowing military tribunals against any foreigners suspected of having connections to terrorist acts or planned acts against the United States.
(if you’re not for us you’re fucked attitude)
1993
April 6 – A nuclear accident occurs at Tomsk 7 in Russia.
(shit!)
1984
August 30 – STS-41-D: The Space Shuttle Discovery takes off on its maiden voyage.
September 2 – Seven people are shot and killed and 12 wounded in the Milperra massacre, a shootout between the rival motorcycle gangs Bandidos and Comancheros in Sydney.
1976 nothing on Jan 23 really
January 21 – The first commercial Concorde flight takes off.
Are there impacts in the market during those dates? I don’t know. I certainly don’t like the Nuclear accident so hopefully we get through this safely. I heard someone predicting 6/23/2010 based on what he said was decoded illuminati shit as some nuke date but seemed a little paranoid and reaching for something where there wasn’t, but “web bot” around June 21st, the program is showing the words [anxiety] [displayed fear] [ill winds] [angry crowds] [violence] [revolution] [diaspora] and others.
peace.
-weirdo jay
Dude, sign up onto some astrology forum, join the Masters of the Temple Order or the Da Vinci Code book-lovers club, BUT PLEASE stop posting anything of that sort on this blog. This one is for thinking crowd.
Hey, it’s Wierdo Jay. What did you expect? Sir Issac Newton? John Templeton?
Local celebrity? Pardon my ignorance.
I have no idea who he is.
Sorry if my post seemed not related to stocks, but the guy that invented the pi cycle if you followed that link at all is a man who knew his stuff when it came to stocks, I just happened to notice that it applied towards disasters that I believe have an economic impact. I admit I got a little carried away with it and a littleoff track.
Anyways…
FYI
Martin Armstrong predicted to the day the crash of 87, and also said it would simply be the first panic in the start of a panic wave and not the onset of a depression as many thought.
He predicted the peak of the Nikkei. He forsaw the gold inflationary spike and warned about it in the 70s.
His Pi cycle showed the low in the SP500 to the day and the start of the dot.com mania of the 1990’s.
1996 turn showed the high in the US markets at that point.
1998.55 was the high in the US stock markets to the day and led to a 20% panic sell-off and a crisis with a derivatives company which the government stepped in to save. Mr Armstrong predicted this would be a major event almost a decade before it happened! It was also the real peak in the markets as measured internally. His computer had forecast in the early 1990’s that the dow would hit 6,000 by 1996 and 10,000 by 1998, the computer model had lots more in it than just the pi cycle.
1999.62 was the low in the Gold price after a 20 year bear market.2000.7 was the final high in the SP500 for the roaring 1990’s bull market.
Sept.2000 saw the final high in the SP500 for the great 1990’s bull market that Martin had forecast accurately a decade before. Martin predicted the markets would go sideways for 5 or 6 years after the 1990’s bull market came to an end. A little more than 6 years later in early 2007 the Dow Jones made new highs.
2002.85 was the end of the bear market in the US stock exchanges, as Martin had forecast. It was also a bigger cyclical trend for rising commodity markets which Martin had forecast long before. One other thing happened on that cycle of November 8, 2002, it was the day that the UN handed down its ultimatum to Iraq to comply with its demands, not long after President George W. Bush invaded Iraq on a false charge that Iraq had weapons of mass destruction, refusing to let the UN do its job of inspections, even though the UN protested. Martin had forecast that war would increase after this turning point, although he thought it would increase with China and Russia trying to hold onto past glory with their satellites. In general Armstrong thought that this part of the cycle led to increased war which was and unfortunately, is correct.
In an article he wrote in 1999 he warned that the USA would be attacked in either Sept. or Oct. of 2001 (probably based on the 224 yr. civilization cycle which is related to the Pi Cycle) and that this would then be followed by a war in response to the attack, it all came to pass unfortunately. Very strange.
2005 turn saw a low in the US dollar index with a sharp reversal to the upside.
etc
etc
If I had to guess I’d say this guy must have some distant relative of the Fly because he seems to possess some similar space alien magician qualities of superior market calls.
He’s in jail until 2011 without access to his computer that can do a lot of the modeling, Martin Armstrong (born 1950) is the former chairman of Princeton Economics International Ltd. Indicted in 1999 on charges of bilking Japanese investors, he spent seven years jailed for contempt of court before finally pleading guilty in 2007, and he is now serving a five-year sentence for conspiracy to commit fraud
so it’s relevent to stocks I just decided to apply it to disasters to see if the same thing applied and got a little off track.
Thought someone would be interested in the link and might take the time to try to find the relevence of pi in the stock markets as Armstrong’s work is completely relevent to stock market cycles.
there is a happening on the 21st of june 2010 that none of you scientist
can do anything about no matter how hard you try ….its called the first day of summer
lol, touche.
I’m confused…
Krull is right listen to Krull….endless supply of OIL and NG…Party ON Garth.
Drink that fucking milkshake. BP is next Leh …Odd No?
Should Oil not be at $200 about now? Something tells me
if we collapse were going to do it about 10,000 dow points higher from here.
Happy Fathers Day IBC
edit: nevermind
http://www.youtube.com/watch?v=DIg16BYRWeM
I don’t see where people get this capitalism vs. governemnt regulation stuff. The so-called capitalists, or mega-corporations own the government, and they make sure there is no meaningful regulation of them– like the insurance companies made sure that health care reform was a big giveaway program to themselves, the insurance companies. And like Wall Street is making sure no meaningful financial regulation or reform makes it through Clowngress.
There is no conflict between corporations and the government. Corporations OWN the government, through campaign contributions, and lobbyists who write the laws that are supposed to be regulating the industries the lobbyists work for. Corporations ARE the government. It is the voters, the taxpayers, and the consumers who are like mushrooms, left out here in the dark and fed bullshit. If there were a real conflict, it would be between voters and the corporate-owned government. But there isn’t one. Because voters passively put up with corporate-owned government, and freely hand over their wallets for purposes like bailing out Wall Street, giveaway programs to health insuarance companies and pharmaceutical companies etc.
Some people call this “crony capitalism’ because it’s kind of like capitalism, except that the biggest mega-corporations get to dominate all other companies and individuals by controlling the government. And the marketplace doesn’t let them ever fail because they are TBTF. There is thus no risk of failure and no punishment for it for the biggest corporations.
There are fake conflicts between the 2 identical political parties, both of which are owned by the corporations and their lobbyists. So the voters all get sidetracked arguing with each other about the supposed opposite ideological principles of their 2 political parties. But the politicians of the 2 parties don’t believe in the ideologies they spout anyway. They just spout these because it gets them votes from people who like to argue about ideologies. If voters stopped loving to hate each other, and stopped loving to argue with each other about ideologies that are not believed in by the politicians they vote for anyway, then the corporate-controlled government might start losing power to the voters. The voters might get together and demand that their wallets no longer be emptied for the benefit of their corporate masters. But I guess there’s not much chance of that happening, is there?